[Info-vax] Completely OT: Frank Lloyd Wright
Paul Sture
nospam at sture.ch
Sun Oct 28 10:29:30 EDT 2012
In article <k6jbce$fff$1 at dont-email.me>,
David Froble <davef at tsoft-inc.com> wrote:
> We were discussing eminent domain. If the government wanted to build a
> road, they don't want my house, they're just going to tear it down. So,
> because they don't want the house on the land, I hope you're not
> suggesting that they don't pay for the house?
For compulsory purchases I believe the government will offer "market
value", but your idea of market value will probably differ from theirs.
If you have just sunk several tens of thousands into renovating your
property for example, you probably won't see that back in full.
> Getting back to the "improved" land, such as a runway. Again, the
> government doesn't want the runway, they're going to build a road. But
> if I paid a substantial amount for the improvements, grading the land,
> planting, and such, and now I'm going to lose my investment, should the
> purchase price include my investments, or should the government just pay
> for the "acreage"?
If you are running it as a business you will have accounts to show, but
if it's for private use it can get messy.
--
Paul Sture
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