What is the timeline for payment of compensation for a taking?

In California, the timeline for payment of compensation for a taking under eminent domain law is generally as follows. Once the condemning authority has acquired the property, the property owner has the right to receive fair market value for the property. This amount is determined by an appraisal process. The property owner is then entitled to move forward with filing a claim for the taking with the condemning authority. Once the claim is filed, payment must be made within 45 days. If the condemning authority does not make the payment within 45 days, the owner can file a lawsuit to seek compensation. Depending on the case, payment of compensation for taking is typically made within 90 days of the filing of the claim. In some cases, the condemning authority may offer a prompt payment of compensation, which is often made within 10 days or less from the date of the taking. This option is typically less expensive for the condemning authority, since a claim can take longer to settle if a lawsuit is filed. Additionally, the property owner may sometimes receive a portion of the compensation for the taking before the full payment has been made. This can help the property owner meet any immediate financial needs related to the taking.

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What is the timeline for payment of compensation for a taking?

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