What is the procedure for resolving a dispute over compensation?
When a dispute over compensation arises in North Carolina, the procedure for resolving it involves a few steps. The first step is for the property owner and the government entity involved to negotiate an agreement regarding the compensation. If the two parties cannot reach an agreement, then the dispute will need to be decided by the court. The property owner can file an action in the Superior Court of North Carolina to have the court decide the dispute and award just compensation. The court will then hold a hearing and both parties can present their respective arguments and evidence. After the hearing, the court will issue its ruling. The court will also determine the amount of just compensation, which is typically the fair market value of the property. If the property owner is not satisfied with the decision of the court, they can appeal the decision. The appeal process may involve filing briefs and presenting arguments in an appellate court. The court will review the decision of the lower court and issue its own ruling. Ultimately, the court will decide the amount of compensation that the property owner is owed for the taking of their property. It is important for both parties to seek legal advice so that they understand their rights and obligations, and navigate the process appropriately.
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