Are there any restrictions on the amount of compensation I can receive?

Yes, there are restrictions on the amount of compensation you can receive when the government uses eminent domain to take your property in South Carolina. Generally, the amount of compensation you can receive is based on the fair market value of the property. The fair market value is the amount of money that the property would typically sell for in the open market. In addition, you may also be entitled to receive just compensation for the damages caused by the taking of your property. This includes moving costs if you are required to move, as well as the loss of any potential income or profits that you would have received from the property. In some cases, the government may also be required to pay what is called consequential damages. This is money to reimburse you for the costs you sustained due to the government taking your property. For example, if the taking of the property resulted in you having to move or find a new job, you could be entitled to consequential damages. In South Carolina, the amount of compensation you can receive in an eminent domain case is limited by the amount of compensation awarded by a jury or the court. However, depending on the situation, you may be able to negotiate with the government for a better deal. If you have questions about what you may be entitled to, be sure to consult with an experienced attorney.

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Are there any restrictions on the amount of compensation I can receive?

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