Condemnation, Business Loss, & Compensation
Takings, Business Loss, and Compensation
Private property owners affected by government takings are entitled to just and adequate compensation. Particularly in road expansion or alteration projects, the owners of nearby property are forced to absorb most or all of the costs of a road expansion. Highway authorities are often unable or unwilling to understand the particular loss that a road expansion may cause.
Business owners are particularly impacted, facing significant losses throughout the construction phase and even greater loss as a result of the new reality that a project has created. At Vaughan & Evans, our lawyers have developed innovative legal theories and strategies to help business owners recover the true value of negative impacts on business.
Negative Impacts on Business Owners
Common losses for business owners adversely affected by government action include loss of parking, impaired or diminished access to property, diminished pedestrian and vehicle traffic, and removal of signage. All of these factors can have a direct impact on a small business's bottom line. If a project involves tearing up the road frontage where a business's sign is located, the business owner will lose not only the sign itself but the location's visibility and prominence. Taking a business's real property significantly reduces parking and impacts traffic flow across the property.
In addition, the installation of medians and other traffic control measures can hinder ease of access to your business and have a further negative impact on getting customers in the door.
Business loss is an area that is often overlooked in the planning phases of a project, and it is important to have strong representation in the matter from the outset. Our attorneys work diligently to seek just compensation that accurately represents the losses business owners incur during the project and after.
Schedule Your Initial Consultation
Contact our main office in Cartersville, Georgia office today to schedule an office appointment or set up an appointment at another convenient location. We will help you understand the legal issues involved in your case and what we can do to help. You can reach us toll free at 866-765-5173 or via e-mail. We are pleased to offer all consultations by appointment at convenient times.
