What is the cost to the government exercising its power of eminent domain?

The cost to the government exercising its power of eminent domain in Washington will depend on the value of the property being taken. Generally speaking, governments in Washington must pay the fair market value of the property and the associated costs of the acquisition which includes legal fees and appraisals. The government may also be required to pay for other costs such as relocation fees for the displaced homeowner or tenant. In some cases, interest may be paid to the land owner if the acquisition process takes a long time. There may also be some indirect costs associated with the use of eminent domain in Washington such as costs related to social unrest or protest due to the action and loss of community assets. Ultimately, the cost to the government exercising its power of eminent domain in Washington can be considerable if the land is relatively high value or the acquisition process is lengthy. However, it is important to note that eminent domain is intended as a last resort after negotiation fails. In most cases, compensation is paid and eminent domain is used to benefit the public in some way such as when a new highway is being built.

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What is the cost to the government exercising its power of eminent domain?

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