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Expropriation processes

What is an expropriation?

Forced expropriation consists of the deprivation of private property or of rights or legitimate interests held over property., regardless of who they belong to (private, entities, public administrations, etc.), for reasons of public utility or social interest.

Its execution must be sufficiently motivated by a regulatory provision that regulates its processing and establishes the necessary guarantees for its correct application..

According to specific assumptions, due to the planned action, can be carried out through sale, exchange, census, lease, temporary occupation of the property, as well as by mere cessation of the exercise of duties over that property or over the interests.

When do I need an expropriation or fair value report??

The fair price, also known as fair price, represents the amount of compensation that the beneficiary of an expropriation must pay to the expropriated. This amount takes into account the value of the goods, expropriated property rights or interests.

When the owner wants to refute the value of what was expropriated before the administration or beneficiary of an expropriation.