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Do I have to move? If so, when? A
business relocation as a result of a public agency taking through eminent
domain proceedings are most often performed under the threat of
condemnation. In most cases, once the agency formally notifies the
business and/or property owner of the taking,
a minimum 90 day period begins.
As long as the public project moves forward through completion, you
will eventually have to move! At
this point, scope of work, logistics, scheduling, inventory, construction
opportunities, replacement facility availability, lease reviews and
financing are just a few of the move planning decisions that need to be
made. SEA CON will handle all
of these for you while you continue to go about the business of running
your business. Time frame and
moving deadlines can often be negotiated with the agency and in most
cases, SEA CON’s fee for these move-planning services is reimbursable
resulting in very little or no cost to you! As the business occupant of the property being acquired through the process of Condemnation, and with the anticipated filing of a request for Possession and Use by the agency, you can proceed with your relocation and are typically entitled to the following relocation benefits:
Guidelines
and capped categories can vary between agencies and are often complicated,
detailed and sometimes intimidating.
SEA CON’s experience dealing with agencies from the federal,
state and local level has given us an in-depth understanding of their
unique policies and procedures.
If your business is being relocated, SEA CON has most likely dealt
with the agency on another project.
You have the right to appeal any determination an agency makes with
regard to your eligibility for any payment.
Once again, SEA CON can handle these issues and in most cases all
or part of our fee is reimbursable. If I am eligible for relocation benefits, when will I get paid? Each
agency determines eligibility and payment scheduling based on their own
guidelines, policies and procedures.
Progress payments can usually be negotiated to help you move
forward with the move.
Performance and documentation requirements will vary between
agencies and there will always be claim forms involved. Once your move is
complete and all documentation and submittal requirements are fulfilled,
most agencies will make final payment within 30 days.
SEA CON can handle the entire claims processing and funds
distribution procedure for you.
SEA
CON will gain an in-depth understanding of your overall business
operations and needs throughout the relocation process.
We will utilize established relationships with the local real
estate community to help you find a new home for your business.
From a simple tenant improvement to a complete turn-key
development, SEA CON’s 25 years of experience can manage the entire
process while maximizing your eligible reimbursable relocation expenses. SEA
CON LLC’S relocation consultants are available to answer any questions that
you might have and we would welcome the opportunity to discuss our
services with you at your convenience.
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