What is the compensation I can receive for my property?

In Nebraska, landowners can receive compensation for their property when it is taken for eminent domain. This is because the US Constitution requires that private property is only to be taken for public use with just compensation. When the government takes property for a public project like a highway or government building, they can negotiate with the landowner directly or they can purchase the land from them. The type of compensation received varies on a case-by-case basis. Generally, landowners may receive the fair market value of their land. That is, how much the property would be worth if it were sold on the open market. The government may also provide the landowner with additional compensation to cover their moving costs or other financial expenses associated with the relocation. The state of Nebraska also requires that landowners are provided with other compensation called “equitable compensation.” This includes compensation for any damages or losses that the landowner might incur from not being able to access the property that was taken. For example, a landowner who had operated a business in an area that was taken for public use may be compensated for the income they lost by being relocated. If you are a landowner in Nebraska whose property has been taken for public use, it is important to contact a lawyer who specializes in eminent domain law. They can help determine the compensation you are owed and assist you throughout the process.

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What is the compensation I can receive for my property?

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