Law firm to host event about 'Eminent Domain' over two area state projects
KINSTON, Lenoir County - Two major roadway projects in eastern North Carolina that are creating concerns and some confusion for property owners will be discussed at a meeting Thursday evening in Kinston.
The home and property owners in the paths of the C.F. Harvey (NC 148) Parkway Extension in Kinston and the U.S. 117 (North William Street) Widening in Goldsboro will be discussed Thursday at 7 p.m. at the Hampton Inn Kinston. It's part of an event put on by former NC Department of Transportation attorneys at the NC Eminent Domain Law Firm.
"In the case of these two projects, we're seeing home, property, and business owners left wondering if they will lose part or all of their property for pennies on the dollar," Stan Abrams, an attorney with the NC Eminent Domain Law Firm and former NCDOT attorney, said in a press release. "Home and property owners should know they have rights and, like any major financial or legal decision, should not just sign on the dotted line."
Property owners in the path of these two projects will soon receive purchase offers from state officials. According to Abrams, property owners should be careful - projects that have been so carefully considered can spare a few moments to ensure citizens get a fair shake.
"Homeowners receive a very official looking offer and think that is the 'law' for what they are able to receive," Abrams said. "If an offer has been made, there may be a more complete and satisfactory offer to be gained through reappraisal and negotiations."
The meeting will cover the following topics:
-- How will the value of my property be calculated? -- Can I assume the offer for my property is fair? -- How is fair market value determined? -- What if I lease space? Will there be allowances to move my business? -- Should I get my own appraisal?
For more information about the meetings, please call the NC Eminent Domain Law Firm at 1-877-393-4990.