Compulsory Purchase Orders
Navigating compulsory purchase orders can be a complex endeavour, but HPS Real Estate is the expert team to spearhead the process. Compulsory purchase orders involve government entities acquiring privately held property to facilitate major infrastructure projects such as roads, rail lines, and water schemes. We have the precise knowledge and expertise to manage each case with efficiency and sensitivity.
Our Services
We specialise in compulsory acquisition, where compensation is rooted in 16 statutory rules and relevant case law. When representing the State, we assess the impact and advise on the compensation owed. When advocating for property owners, we assess the ramifications and submit compensation claims on their behalf, negotiating to ensure full entitlement.
Compensation
The assessment of compensation typically encompasses:
- Value of land acquired
- Diminution in value of any retained lands
- Costs resulting from acquisition
- Disturbance (permanent and temporary)
- Loss of profits or goodwill
- Loss or depreciation of stock in trade
- Professional fees necessary for acquisition
Accommodation Works
Compensation agreements often include an extensive schedule of accommodation works — boundary fencing, replacement walls, water supply, drainage, septic tank and percolation relocations, noise abatement, double glazing, and more. We assess mitigation measures, scrutinise accommodation maps and schedules, and ensure every aspect is comprehensively addressed.
