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Virginia Addresses Eminent Domain

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The Virginia state legislature has passed SB301 which will protect some owner rights when property is seized by the state or its divisions through eminent domain.


Property owners, however, will have to wait a while before they obtain any kind of relief. The bill provides that when property is seized by any state government agency and has not been put to the public use for which is was seized after a period of 15 years; the property owner must be offered a chance to repurchase it. The offering price must be the original sale price plus interest at 6 percent per year. The government may also adjust the price to reflect any improvements it has made to the property. For the sake of the former owner, one can only hope that the improvements were positive, not, for example, a half finished hydroelectric dam or a clear cut hardwood forest.

Governor Mark Warner signed the bill this week and it will go into effect on July 1.

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Related Stories:
Eminent Domain - Your Home Is Your Castle !
Supreme Court Upholds Expanded Concept of Eminent Domain

Comments (2)

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This is the most useless law one could imagine and provides no relief whatsoever from the outrageous ruling of the Supreme Court. One would think that Virginia would at least maintain what our founding fathers stood for - the freedom to own property without it being taken away by the government. Shame on our legislature and our governor!!!

Above Posted By: F.P. Sherrick | Tue, 9 Aug 2005 18:56:14 EST

That June 23rd decision takes all the fun out of being an American. We have a gutless Congress who cant stand up for their constituents and simply overturn that ruling.

Above Posted By: James C.M. Dunphy | Wed, 6 Jul 2005 19:37:26 EST


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