§ 434. Inverse condemnation proceedings
Where an inverse condemnation proceeding is instituted by the owner of any right, title or interest in real property because of use of his property in any program or project in which Federal and/or Federal-aid funds are used, the court, rendering a judgment for the plaintiff in such proceeding and awarding compensation for the taking […]
§ 435. Real property acquisition policies
Any person, agency or other entity acquiring real property for any project or program in which Federal and/or Federal-aid funds are used shall comply with the following policies: (a) Every reasonable effort shall be made to acquire expeditiously real property by negotiation. (b) Real property shall be appraised before the initiation of negotiations, and the […]
§ 436. Buildings, structures and improvements
(a) Where any interest in real property is acquired, an equal interest in all buildings, structures, or other improvements located thereon shall be acquired if such improvements must be removed or the value thereof is adversely affected by the use for which such real property is being acquired. (b) For the purpose of determining the […]
§ 430. Short title
This chapter may be referred to as the Real Property Acquisition Act of 1972.
§ 431. Declaration of policy
The provisions of this chapter shall be applicable to the acquisition of real property under the laws of the Virgin Islands for use in any project or program in which Federal, or Territorial funds are used.
§ 432. Expenses incidental to transfer of title
Any person, agency or other entity acquiring real property for such use shall as soon as practicable after the date of payment of the purchase price or the date of deposit into court of funds to satisfy the award of compensation in a condemnation proceeding to acquire real property, whichever is the earlier, reimburse the […]
§ 433. Litigation expenses
Where a condemnation proceeding is instituted to acquire real property for such use and (i) the final judgment is that the real property cannot be acquired by condemnation or (ii) the proceeding is abandoned, the owner of any right, title or interest in such real property shall be paid such sum as will reimburse such […]