Condemnation blight is a topic that has been largely discussed by numerous organizations across the state of Florida for years. It can be heard about in discussions by state authorities on certain upcoming projects, talks between real estate owners that could be affected, and legal forums of various kinds where attorneys discuss how to defend such cases.
Condemnation blight has occurred when a widespread devaluing of property happens relative to an announcement made by a governmental entity of its intent to take property for the purpose of a public project. In other words, it is the state exercising imminent domain, but making an announcement ahead of time. By doing so, property owners may make decisions that will devalue the properties intended to be taken, thereby allowing the state to obtain them for a much lesser price tag.
Due to the number of cases where condemnation blight became an eminent domain issue over the years, the state of Florida has determined that any property which is to be taken, must be taken at its value on the day of a project announcement. Even if the public works projects does not begin until years after a public announcement, property owners who will be affected must still be compensated as if their property was valued and purchased on the date of the announcement. This prevents announcements being made early with intentions of devaluation.
For more information on this subject, consult with a knowledgeable attorney. If you are a property owner who has been notified that the state will be exercising eminent domain against your property, it is highly recommended that you speak with an attorney as soon as possible in order to protect your rights.