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NC S425
Bill
AI Summary
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Modifies the measure of damages in Department of Transportation condemnation actions to reference the general condemnation statute (G.S. 40A-63 and G.S. 40A-64) rather than defining damages separately.
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Changes interest calculation on condemnation awards from accruing until the date of judgment to accruing until the date the judgment is paid.
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Authorizes property owners to recover reasonable attorneys' fees and costs if the final judgment exceeds the initial deposit by 25 percent or more, with attorney fees capped at one-third of the difference between the judgment and deposit.
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Entitles property owners to compensation for partial control of access when existing streets or highways are designated as controlled-access facilities.
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Requires the Department of Transportation to provide federally-mandated relocation notices between five working days and one working day prior to filing a condemnation action, with different effective dates for each provision ranging from July 1, 2015, to July 1, 2016.
Legislative Description
DOT Condemnation Changes
Last Action
Re-ref to Transportation. If fav, re-ref to Judiciary I
3/30/2015