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

In Texas, the timeline for payment of compensation for a taking of land by eminent domain varies depending on the type of taking and the context. Generally, the state or municipality can take possession of the land once the court has ordered the taking and approved the compensation. After the taking, the compensation will usually be due within 30 days. For a taking of land in a condemnation proceeding, the court must order the condemnation and determine the compensation amount before the state or municipality may take possession. The timeline for payment of compensation is established by law, and in Texas, the condemnor must pay the owner of the property within 30 days of the date the judgment is rendered. In a voluntary taking, the timeline for payment of compensation is established by the agreement between the parties. The agreement should specify the timeline for payment and the form of payment. Generally, the payment is due within the time period specified in the agreement. When a landowner files a claim for compensation after a taking of land, the court will determine the amount of compensation due and the timeline for payment. The court may order payment to the landowner within a certain period of time and may also specify the form of payment. In all cases, the timeline for payment of compensation for a taking of land in Texas will depend on the particulars of each case.

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

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