Rainey & Weaver Settle Land Condemnation Claim Related to 540 Triangle Expressway SE Extension in Southern Wake County for 5 Times Initial Offer
Young Moore condemnation attorneys, Michael S. Rainey and Brandon M. Weaver, recently negotiated a Map Act settlement related to the 540 Triangle Expressway Southeast Extension in Southern Wake County. Despite only 0.034 acres of the property being taken, Rainey & Weaver employed a unique valuation strategy which allowed them to negotiate a settlement for the landowners of $131,000.00, more than 5 times the original amount offered by the North Carolina Department of Transportation.
Michael S. Rainey and Brandon M. Weaver lead Young Moore’s robust condemnation and eminent domain practice where they represent landowners, business owners, and commercial developers facing takings of their land through condemnation or other related claims. They have experience handling a variety of real estate litigation matters including the resolution of real estate disputes involving condemnation, inverse condemnation (including Map Act claims), restrictive covenants, partition proceedings, eviction proceedings, zoning and land use. The firm has successfully resolved condemnation cases involving municipalities, private entities such as energy providers, and the North Carolina Department of Transportation in highway projects, with clients often obtaining sums well in excess of the initial deposit. Visit Condemnation & Eminent Domain to learn more.