How is the land value contested and business damages determined?
Florida law permits owners to contest the value of their property by retaining an expert appraiser who is skilled in determining the value of property. Other experts such as engineers, land planners and contractors work with the appraiser to assist in accurately determining full compensation. Business damages are determined by a CPA who has reviewed financial records and the impact to the property caused by the taking. If the value is not settled with the condemning authority, a jury of 12 Florida citizens will hear the case and determine full compensation and/or business damages.
