Yesterday we ran a post by Sam Stokely of Stokely Outdoor asking for advice about condemnation issues in Oklahoma. Here are some of the comments we received.
Out of home attorney Richard Hamlin of Hamlin|Cody says it’s important to engage a lawyer
You should engage an attorney now! It does not matter how friendly your state officials are, they are not your friends.
In general, the state must pay fair market value for the property they take. While most states define fair market value as the price a willing buyer would pay and a willing buyer would accept, neither being under pressure to buy or sell, the calculation will vary from state to state.
State officials will argue that no buyer will pay more than the cost to build a new sign. They forget the difficulties of finding a new location and permitting. They argue the fiction of a willing seller.
You need counsel who is familiar with not only eminent domain, but also OOH. There will be arguments about what is taken and the different ways to value it. The rules for recovery of attorney fees also vary by state.
Paul Wright of SignValue says attorney Bill Hickman is an expert at Oklahoma condemnation issues
Contact Bill Hickman with Hickman Law Group https://www.hickmanlawgroup.com/#contact
Hickman Law Group
330 West Gray Street, Suite 170
Norman, Oklahoma 73069
Phone: 405.605.2375
Fax: 405.605.2374
hickmanlawgroup.com
hickman@hickmanlawgroup.com
He tried a case against Broken Arrow involving condemnation and won. SignValue acted as an expert witness in the case.
https://billboardinsider.com/signvalue-help-lamar-win-damages-for-inverse-condemnation/
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