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Home / Top Legal News / Condemnation interest rate change nixed (access required)

Condemnation interest rate change nixed (access required)

  Two years ago, state lawmakers passed a bill with a last-minute provision that reduced the interest rate that some residents could receive as part of condemnation awards when the North Carolina Department of Transportation took their land and delayed payment for just compensation. Now, the future of that law is in question after a judge ...

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