If its determined that TxDOT will need a portion of my land for right-of-way or easement, how will I be compensated?
First, each affected property will be notified of the States interest in acquiring the necessary right-of-way and will be given information about basic protection provided to the owners by law. Next, an appraisal of your property will be made to determine just compensation. (Just Compensation includes the market value of any land actually acquired, plus compensation for any damages caused to the remaining property as a result of the purchase. Compensation for moving personal property such as signs, sprinkler systems, etc., is paid separately as a relocation expense). Then, an offer will be made based upon the appraisers report. Although property owners are entitled to just compensation for any additional right-of-way needed, they may choose to donate right-of-way or accept a reduced consideration.
Related Questions
- Can the conservation easement be placed on just a portion of a tract of land or must it be placed on the entire property?
- If its determined that TxDOT will need a portion of my land for right-of-way or easement, how will I be compensated?
- How will landowners be compensated for the land being acquired by TxDOT?
