Deficiency Judgments in Real Estate Eminent Domain Proceedings.
Abstract
This study reviewed the Corps of Engineers' experience with deficiency judgments from land acquisition for civil works projects. Historical data were sampled and analyzed in an attempt to develop a more accurate means of assessing land acquisition costs. It was concluded that three factors generally contribute to the best predictions of total deposits plus deficiencies for a project: (1) the sum of deposits, (2) the fraction of land in Government interests associated with mineral rights and temporary flowage easements, and (3) the fraction of land in the industrial land use category. These factors were developed into a predictive equation. Projects for which settlement costs were severely underestimated by the equation were analyzed to identify circumstances which might lead to unexpectedly high settlements. Such circumstances include: (1) how many small settlements, each relatively large compared to even smaller deposits, and (2) individual high deficiencies stemming from disputes over either equipment evaluation or the effects of easements on an agricultural or industrial operation. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Jun 01, 1978
- Accession Number
- ADA055874
Entities
People
- Kathleen K. Dornan
Organizations
- Construction Engineering Research Laboratory