St.
Petersburg based in the TampaBay
area of Florida,
is now a part-time business specializing in real estate consulting
for eminent domain purposes. Our primary counties for consulting work are
Pinellas, Hillsborough, Pasco,
and Polk. We have extensive eminent domain valuation experience involving
takings for road widening. While past services included appraisals, our
services are now limited to appraisal review, general consultation, and
expert testimony for fee hearings.
Appraisal Review If an appraisal has already been prepared for
the condemning authority and is available to the property owner, the first
step is to review the appraisal for adequacy and reasonableness. The
scope of the review is dictated by the content and completeness of the
appraisal. In many cases, a desk review will also
include preliminary inspections of the subject and comparable
properties. The reviewer's opinions are provided to the eminent
domain attorney by verbal or written reports. The attorney will then
decide what type of valuation service is warranted to obtain
just compensation for the client.
Consultation If something other
than an appraisal serves as the best option for valuation
support, consultation provides verbal or written communication
on issues relating to appraisal review, deposition review, general
conditions of the eminent domain taking, or an on-going trial. The
relatively short time frame for consultation can help speed up a
settlement if the issues are non-complex.
Expert Testimony After a government
agency has started to acquire property through the condemnation process,
settlement can occur at any stage of negotiation. In an attempt to avoid
trial and promote a negotiated settlement, a case is usually set for a formal
mediation between parties. If the mediation is not successful, then the
case goes to a jury trial. During the trial, appraisers and other experts
for both sides testify about the value and/or impact of the taking. After
weighing the evidence, the jury determines just compensation for the property
taken.
When the case is settled, the property owner's attorney submits all of
the experts' fee invoices to the condemning authority for payment. If any
of the parties cannot agree on a reasonable fee, then the matter goes before
the judge in charge of the case. At the hearing, the expert gives
testimony in front of the judge. Many times the condemning
authority and/or the expert will bring an experienced colleague
from the expert's profession to serve as a witness who will
testify as to the reasonableness of the expert's fee. We can provide
such a service with respect to the appraiser expert. After hearing
all testimony from both sides, the judge makes a binding
decision on the amount of the expert's fee.