Acquisition Agents and the Good Faith Offer Requirement for Condemnation Projects
By EsqSocial Corporation 25/03/25
Condemning agencies contemplating the use of eminent domain at times hire third-party acquisition agents to purchase properties ahead of an incoming infrastructure project without the provision of written good faith offers. This practice presents concerns. Under Michigan’s Uniform Condemnation Procedures Act (“UCPA”), a written good faith offer generally includes a real estate appraisal and provides residential property owners with a basic statement of rights......
By: Ackerman & Ackerman, P.C.