No Compensation for ‘Legal Improvements’ 
By
Published: January 12, 2012
Tags: Judge Norman K. Moon, Real Estate, U.S. District Court - Eastern District
Although a property owner contends the .0355 acre parcel in this condemnation proceeding has been “legally improved” for development of a hotel, through completion of site plans, negotiation of a hotel franchise agreement and approval of permits, the Norfolk U.S. District Court says these “intangible components” of development are not “property” for purposes of compensation ...
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