Eminent domain refers to the government’s right to turn private property into public property. As with any situation involving ownership, eminent domain may become the subject of lawsuit, requiring the knowledge of an eminent domain expert witness. While private property may be in reference to anything under the ownership of an individual, eminent domain is most often employed for different types of land and/or structures, such as highways, roads, bridges, buildings, and other such areas and facilities.
In the event of an eminent domain-related legal action, the current owner usually challenges the impending government ownership of property. This is an issue regarding ownership laws, as well as financial concerns, thus eminent domain expert witnesses will often have a background in various areas of real estate, property appraisal, real estate law, leases, claims and loss damages, statistics, lost profits, and valuation. The economic damages caused by eminent domain are likely to be scrutinized in an expert report, since such details would be relevant in a claim made by the property owner.
Eminent domain can be a complex subject with a lot of varying details in each particular case, making the selection of an expert all the more important. Eminent domain expert witnesses may be licensed or certified in such disciplines as appraisal, accounting, , brokerage, or real estate. Call us today or Submit An Expert Request Form to retain the right eminent domain expert witness for your case.