What is the difference between just compensation and just compensation plus interest?

Just compensation, or fair market value, is an amount of money that is determined by an appraisal or legal determination to be what the owner is entitled to receive through eminent domain law. It is based on how much the property was worth before the taking, and accounts for any losses due to the acquisition. Just compensation plus interest is an additional amount of money added to the just compensation. This is usually determined by the court, and the amount of interest will vary depending on the specifics of the case. The interest is meant to compensate the owner for any additional losses that may have occurred during the process, as well as any loss of income due to the taking of the property. This additional amount of money can be especially beneficial in cases where the owner has had to wait an extended period of time for the award of just compensation.

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What is the difference between just compensation and just compensation plus interest?

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