Landowner Resources
Property Acquisition Process
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An overview of the process
Certified Letter - Notice of Interest
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- Signifies the official start of the acquisition process
- what information is included
- Right-of-Way agent is assigned
- What is their role
- Who they work for
- next steps
Sample Notice of Interest Letter:
Meeting with Your Right-of-Way Agent
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The Appraisal
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WHO WILL BE THERE:
- Your Right-of-Way Agent
- Appraiser
- Representative from Moving Company #1
- Representative from Moving Company #2
HAVE AN ADVOCATE PRESENT:
When the appraiser visits your property, the experience can feel stressful and overwhelming. You may have many questions, and it can be difficult to remember them all or fully absorb the information being shared. It’s wise to have a trusted friend or support person present to help ask questions, take notes, and ensure nothing important is missed—allowing you to stay focused and engaged during the appraisal.
Advocates to consider:
- Friend
- Neighbor
- Relative
- A fellow landowner who has been through the process
- Pike Off OTA volunteer
The Offer
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After the appraisal is completed, your Right-of-Way agent will contact you to schedule a meeting to review the report and present an offer.
At this meeting, the agent will provide a copy of the appraisal along with key documents, including the initial offer, a summary statement of just compensation, an appraisal summary, a loan payoff request (if applicable), a W-9, a copy of the Property Rights Policy, and a purchase agreement.
IMPORTANT
When you schedule your appointment, request that your ROW agent bring the following:
- A complete copy of the appraisal report
- A complete copy of BOTH moving estimates
Example Documents:
IMPORTANT
When you schedule your appointment, request that your ROW agent bring the following:
- A complete copy of the appraisal report
- A complete copy of BOTH moving estimates