Footscray residents have been caught up in a transport plan housing debacle where residents were originally told that they won’t know for two months if their houses will go as part of the compulsory acquisition process started by the state government . After days of uncertainty that transport plan would make their home unsaleable and unliveable, the Transport Minister Martin Pakula aid the marooned property owners would now have the option of selling their homes to the Government.
Aitkens partners have a lot of experience as lawyers in the compulsory acquisition process who have supplied many landowners during an acquisition have recently attended a community meeting in Victoria Street Footscray last Sunday to help discuss land owners concerns.
Andrew Blogg a lead partner in its compulsory acquisitions team attended the meeting and discussed with residents that they could trust Aitken Partners to represent their best interests on all occasions.
“In an acquisition, the government is obliged to offer you the market value for your property as if the proposed development was not taking place,” he said.
“But just was when you go to see real estate agents there is always a range they quote, and surprise, surprise, the government always goes for the lowest value. You do not have to accept their offer, and we work with property valuers to make sure you get fair compensation, including in many cases compensation that is not covered just in the property value
It’s important to seek legal advice to get a full understanding and to know your rights if you ever receive a notice of acquisition similar to the Footscray residents dilemma.
See Reports in Herald Sun and read the original article here.