land acquisition valuer Sunshine Coast
Compulsory land acquisition & resumption
Resumption is a compulsory acquisition of private land by the government. Constructing authorities—also known as acquiring or resuming—negotiate with the current land owner to resume their land for public purposes. Under the Acquisition of Land Act 1967 (the Act) these authorities include government agencies, local governments and state-owned corporations.
Resumptions can be for the whole or part of a property and may impact on the value of land not resumed.
Should your land be subject to an acquisition, you will receive a notice of Intention to Resume. You can if you choose to enter into immediate negotiations for compensation with the constructing authority. Alternatively, you can object to the resumption proposal.
This is where your local team at Peterson Property Valuations can help. We have a considerable amount of experience in land resumption matters. We are skilled at identifying all your heads of compensation including any lost value to the balance of your land and any ancillary claims associated with moving.
Our service includes attendance at meetings with the constructing authority to negotiate the best possible outcome for a disposed owner.
Our fees can be wholly included as part of your compensation and are in addition to your compensation for property losses.
Our Successfully Settled Resumptions
We have successfully settled resumptions at the following locations:
We have successfully settled resumptions against the following local authorities:
Allowances For Services
Resumption legislation has provision which allow you to be represented by both a Valuer and a Solicitor and their reasonable costs for an additional head of compensation on top of the property losses. Allowance for these services is not provided in compensation unless you are represented. Resuming Authorities typically have expert resumption valuers advocating to reduce the compensation payable.
Contact Our Team
Our team has considerable experience in negotiating and settling resumptions and representing clients as an Expert Witness in Court resumption matters. If you have a proposed resumption please contact our team to discuss your possible options.