Compulsory purchase (USA Eminent Domain) is the power to acquire rights over property under Caymanian Law or to buy that estate outright, without the current owner's consent in return for compensation. The purchasing power is considered exercisable “for the public benefit”.
Under the Road’s Law compensation may include Land taken, Trees & Crops, Severance, Injurious Affection, Disturbance and Loss of Profits.
It is a complicated area of the Law that requires significant experience and knowledge of land and compensation values and the ability to negotiate sound settlements, particularly given that such negotiation generally takes place after the land has been taken.
Bould Consulting’s team brings many years of experience both in the Caribbean and globally to ensure you are well represented to achieve a fair settlement for what has been taken from you.
Bould Consulting Limited provides comprehensive Project Management, risk analysis and management services aligned with the key stages of a project life cycle from early critical advice at concept stage, design development through to managing the project on site to completion.View Detail