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Home » Archives for March 2009

Archives for March 2009

Negotiated Settlement for Whole Taking & Relocation Benefits: Wake County

March 6, 2009 by LandLawNC-DK

The NCDOT sought to acquire a .56 acre portion of a 1.13 acre residential tract for right of way purposes, with an initial offer of $126,000, which included the taking of the property’s septic system.  There were no remaining suitable soils to support a traditional septic system.  As a result the North Carolina property owners would have been required to install an expensive nontraditional septic system on the remaining .57 acre tract. A negotiated settlement was reached by which the NCDOT agreed to purchase the entire property for $284,800 in addition to paying moving and other relocation benefits.

Filed Under: Eminent Domain, Just Compensation, Land Condemnation, Land Law, North Carolina, Relocation Benefits, Road Widening, Taking

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