Kelly & Fitzgibbon have completed Compulsory Acquisition Valuations and assignments for those affected by the acquisition process including:
- Government bodies;
- Business owners
- investors and individuals
Our valuations will provide an independent assessment to determine:
- if offers of compensation are fair and reasonable;
- having regard to the impact of the acquisition and;
- whether other factors and costs require additional compensation.
If required, we can:
- Attend compulsory acquisition valuation conferences and mediation;
- Provide expert evidence at VCAT, County Court and Supreme Court of Victoria in disputed matters
The level crossing removal program and the proposed North East link are major infrastructure programs which will have a significant impact upon numerous residents and businesses along their proposed alignment.
Affected parties will require compulsory acquisition valuations to assess the financial impact upon property values.
Invaluable Compulsory Acquisition Advice
Compulsory Acquisition in any form can be a daunting experience for property owners, occupiers and business operators alike.
Compulsory Acquisition Legislation allows all levels of government to proceed with important public works.
The relevant legislation for compulsory acquisitions in Victoria is:
- Land Acquisition and Compensation Act 1986 (Victoria);
- Planning and Environment Act 1987 (Victoria) and;
- Land Acquisition Act 1989 (Federal Government and its agencies).
The compulsory acquisition of land is often a lengthy and disruptive process for the affected property owners. Kelly & Fitzgibbon have the experience to guide you through the process and ensure that you receive the appropriate compensation.
Obtaining professional advice around the compulsory acquisition process is critical to ensure you receive the appropriate compensation. i to modify your existing property or relocate in the case of a complete acquisition of your property.
Call us today Tel: 03 9596 0000 – Elsternwick | Tel: 03 5977 1056 – Mornington
