Question

dwellings expropriation

Answer 1

Dwelling expropriation is the act of government taking privately owned property against the wishes of owners ostensibly to be used for benefit of overall public.In US properties are often expropriated in order to build highways,railroads or other infrastructural projects.The owner of the private property will receive a compensation and will have to relocate.

The property owner need not give permission The theory is that the interest of the masses is more important than the interest of the few. If the government wants to purchase your land to begin construction on a new railroad line, which will create new jobs and be used by thousands of people and offers you fair compensation, unfortunately, the owner will have to relocate.

The Expropriation Process includes following steps:

Condemnation: The first step in a government agency acquiring private property for public use is called condemnation.

Appraisal: As part of the expropriation process, the government has to offer the private owner a just compensation. Therefore, private property must be appraised to determine what fair compensation would be.

Offer: Once the third-party appraisal comes back, the government agency will offer the private owner a payment that they believe to be the fair market value of the property.

Negotiation: The property owner can accept the payment as just compensation, and the title of the property will then be transferred from the private individual to the government entity.