Greenville, NC (PRWEB) January 17, 2013
The controversial, multi-million dollar Stantonsburg Rd./Tenth St. connector is nearing full development, but questions raised by property owners are far from fully answered.
For years, owners along the proposed 1.4-mile stretch have voiced concerns about being fully compensated for their land, homes and businesses. But despite the attention, as the NCDOT begins negotiations for land, urgent questions remain.
The project will displace approximately 30 residences, 24 businesses, seven institutions and potentially affect dozens of other property owners. At a public hearing, Janette Cox, a co-owner of Hardee and Cox Welding, summed up the frustration felt by some property owners: “Nothing is moving forward to help business owners affected by this project. Businesses will either have to close, lay off employees or take on insurmountable debt.”
Many key questions will be addressed during the free informational session by the NC Eminent Domain Law Firm on Thursday, Jan. 31, 7pm at The Hilton Greenville Hotel. They include:
- How will the value of my property be calculated?
- Do I have a say in how much my property is worth?
- Do I have to accept the NCDOT’s offer on my property?
- Do I have a say on how much of my property will be taken?
- Should I get my own appraisal?
Property owners in Greensboro and Durham concerned about similar projects forcing them to sell recently said:
- “There are so many things you don’t know about something like this...”
- “My biggest concern is that they're not going to make an offer that will enable us to make the transition.”
- “I just don't want to be put out in the cold.”
- "I know they're going to go by tax value and tax value on property is not what the property is actually worth.”
Stan Abrams of the NC Eminent Domain Law Firm has worked on numerous eminent domain cases involving millions of dollars. Abrams says, “Regardless of the size and scope of the project, the state has an obligation to pay homeowners the fair value for their homes, businesses and land, but unfortunately, that doesn’t always happen. There are a lot of things homeowners just don’t know when it comes to such important negotiations.”
For more information about the meeting, please call the NC Eminent Domain Law Firm at 1-877-393-4990.
A division of the Law Offices of James Scott Farrin, the NC Eminent Domain Law Firm is dedicated solely to representing property owners throughout North Carolina, who may be impacted by eminent domain law. The NC Eminent Domain Law Firm is headed by attorney Stan Abrams. Mr. Abrams has five years' experience working as an Assistant Attorney General for the North Carolina Department of Justice Transportation Section, where he litigated condemnation cases for the NCDOT. The Law Offices of James Scott Farrin has the legal resources of 30 attorneys and is based in Durham, North Carolina, with offices throughout the state to serve its clients.
NC Eminent Domain Law Firm
280 South Mangum Street, Suite 400
Durham, North Carolina 27701
Source: NC Eminent Domain Law Firm