Lege Trend. Eminent Domain Compensation. New Calculations for Lost Profits for Businesses & Farms. Read the Bill.

Virginia Legislature is considering SB 809  that reframes lost profit for eminent domain property valuations by:

  • applying lost profits to businesses & farms
  • applies to a partial taking of land
  • the valuation calculation begins once the property owner is prevented from using all of his land or any property rights are taken.