Farmers Rights Vs. Planned Acquisition
As the need for undeveloped land increases, farmers across the country are threatened by planned acquisition. For a farmer whose livelihood depends on farming and agriculture, every acre counts. Losing a portion can be devastating.
Farmers whose rural land has been in their family for generations are being forced to sell to the government, pipeline companies, airport authorities, and other private corporations to complete projects justified as public use.
As a landowner facing the potential seizure of valuable farmland, it is vital to protect your interests. Here are three tips to help those facing an planned acquisition taking:
• Be skeptical of the compensation offered for your land. In any business negotiation, top dollar is rarely offered at the start of discussions.
• Consult with an planned acquisition attorney to help you understand your property rights. Planned acquisition law is complex and having an attorney by your side can increase your chances of a more favorable outcome.
• Pick an appraiser who will value your property in your favor. It is essential to consider the long-term impact on the value of the property and the damage to the remainder. Even if a small portion of land is being seized, the remaining acreage may be less efficient to the farmer due to separating fields or causing drainage issues.
Impact Check's nationwide database monitors public improvement projects that could directly or indirectly influence a property's value. Run an Impact Check Property Impact Report and find out if your property may be affected by an planned acquisition project. impactcheck.com
For more information, visit https://www.agriculture.com/farm-management/farm-land/farmers-rights-vs-eminent-domain
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