Compulsory Acquisition and Resumption

Compulsory acquisition, or ‘resumption’ as it is sometimes called, is where statutory authorities or a government department require part, or all, of your privately owned land, in order to create new roads and public facilities, the supply of services or other infrastructure projects.

If you are a land owner affected by a forced acquisition or resumption, it is important to get an independent valuation to ensure fair negotiations of compensation.

The acquisition of land is based on the Land Acquisition (Just Terms Compensation) Act 1991.  This Act provides the legislative basis for determining the amount of compensation to which a person is entitled in matters of land acquisition.

As expert valuers, Powerhouse Property Professionals will be able to provide you with a valuation report which complies with the principles detailed in Section 55 of the Land Acquisition (Just Terms Compensation) Act 1991, and can be cross examined, if required, in Court or Tribunal.

As industry-leading valuers, Powerhouse Property Professionals will ensure you receive an unbiased and accurate representation of the value of your property, so please phone us on 1300 097 912 or fill out our quotation request form via the link below, if you wish to have a pre-sale valuation carried out.