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Eminent Domain Valuation Services The Eminent Domain Valuation Services are under the direct supervision of N. Richard Boutin, Jr., MAI. Mr. Boutin has over 25 years of appraisal and consulting experience relating predominately to eminent domain valuation. Also working within this area are Milton H. Bevis, III, MAI and Mark S. Boutin, both experienced appraisers focusing their efforts on eminent domain valuations. Since 1987, Mr. Boutin has served a variety of clients and dealt with an array of property types. He has provided expert witness/valuation services for property owners as well as for governmental entities. Mr. Boutin has testified in jury trials and judicial hearings regarding valuation issues. In addition, he has participated in over 600 meditations during the past 12 years with many of the most respected eminent domain attorneys in Florida
Specific
expertise within the field of eminent domain include the analysis and
valuation of various types of property subject to condemnation
proceedings and providing expert witness testimony in valuation matters.
Assignments in which participation has been involved include
transportation projects for public and private concerns, downtown
redevelopment, utility easement valuation and assisting governmental
agencies in their right of way acquisition, design and budgeting. Issues
You Should Know Regarding the Valuation of Your Property in Relation
to an Eminent Domain Acquisition What
is Eminent Domain? Eminent
Domain is the process used by the government and other authorities granted the
authority to acquire private property for a specific public use. How
Does it Work? Generally,
the entity requiring the needed property (the condemning authority) contacts
the property owner and informs them of the need for all or a portion of the
property. After this notification, an appraiser working for the condemning
authority will contact the owner and request an inspection of the property in
order to complete an appraisal. Upon completion of the appraisal, an initial
offer is made to you. If an agreement is not reached, the legal process will
begin which will result in an Order of Taking by which a circuit court will
convey the property required in exchange for the condemning authority’s
estimate of the value. If a settlement is not reached by a court ordered
mediation, a jury trial would be held with the jury determining just
compensation. What
Should I be Paid For? In
Florida, you should be paid for the physical land acquired and any
improvements located on the portion acquired by the condemning authority. In
addition, you are entitled to the lost value to the remaining property
resulting from compensable negative impacts resulting from the condemning
authority’s project. How
Can We Help You? It
is essential to know that the condemning authority has a team of skilled
experts consisting of at a minimum an attorney, engineer/land planner and real
estate appraiser, all of whom are working at the direction of the condemning
authority. Our firm has worked with numerous attorneys, engineers, land
planners, marketing experts, accountants, etc. in assisting private property
owners throughout Florida. We can work with
you to recommend and assemble a team of the best professionals to insure your
private property is not acquired without all aspects of full compensation
addressed. With
respect to valuation services, our firm has participated in well more than
1000 cases over the past 15 years within the state of Florida. N. Richard
Boutin, Jr., MAI, State-Certified General Real Estate Appraiser #0000199, has
over 25 years of appraisal and consulting experience relating predominately to
eminent domain valuation. Specific expertise relates to analysis and valuation
of most types of property subject to condemnation proceedings as well as
providing expert witness testimony in judicial hearings. With
the assistance of an experienced eminent domain team, our firm can address all
real property valuation issues and insure the legally compensable aspects of
compensation for your property are evaluated and presented to the condemning
authority for consideration in arriving at a mutually agreed upon settlement. Who
Pays for these Services? The
condemning authority pays for reasonable fees and costs. Presently, Florida
law requires Florida condemning authorities to be responsible for reasonable
expenses incurred by the property owner during the eminent domain process. Our
fees and other professionals who assist you are paid by the condemning
authority at the end of the eminent domain process and are not part of your
compensation. Who
Should I Contact? Our
firm is willing to meet with you to discuss your particular situation
and available options. We would be willing to share any maps or other
information about your property in relation to the possible
condemnation of your property. If we can help, please call or e-mail one of us and we will gladly
assist you in any way we can.
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© 2002 Boutin Brown Realty Advisors |