Eminent domain: Understanding the “larger parcel”

Description

Abstract: When the federal, state or local government acquires a portion of privately owned property under eminent domain, the property owner is typically entitled to “severance damages” for loss in the value of the larger parcel of property that wasn’t acquired, in addition to the value of the portion taken. This article covers the concept of the “larger parcel” and how that parcel is determined. A sidebar notes the distinction between a “larger parcel” and an “assemblage.”