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Is Your Property Being Resumed?
Consumer Watchdogs

Is Your Property Being Resumed

Statutory authorities are required by law to pay compensation for land being resumed based on the market value of their property, but the law recognises that people having land resumed should be compensated properly and fairly for any land resumed. In most cases, costs of valuation fees, legal fees, Town Planning, etc. are also recoverable.

Herriots can advise you of your entitlements and provide advice about the legal ability of the acquiring authority to resume your land in any circumstance.

Established in 1990, Herriots is totally independent, with no affiliations or associations with real estate agents, property marketers, developers, or other parties that may have influence on the company’s ability to provide honest, objective and accurate valuations and reports.

We offer a range of valuation and consultancy services including:

  • Assessment of compensation entitlements for acquisition purposes
  • Legal advice regarding a government agency’s right to reclaim land
  • Consumer advocacy for ethical treatment of land owners
  • Replacement valuations for insurance purposes

With an established reputation as a consumer advocate for ethical standards of practice in the property industry, Herriots is credited with exposing two tier marketing scams and other underhanded practices in the real estate industry. Read all about it.

If you have a concern about the way that a government agency is moving to acquire your land, contact Herriots today. Click here to contact us.