A recent article from Border Report, "Tijuana residents holding out for more money, slowing construction of border crossing," caught my attention. Not only because we're advising on the border crossing project on the U.S. side, but also because it raises an interesting valuation issue.
According to the article, property owners in eastern Tijuana, where the new port of entry is going to be built, are holding up the project by demanding more money for their land. Specifically, the owners want to be paid what the land will be worth once the border crossing is built instead of current value. These increased payment demands ...
One of the most valuable assets many homeowners enjoy is their property’s view. If the government undertakes an activity that eliminates or obstructs that view, is an owner entitled to relief? In Boxer v. City of Beverly Hills (April 26, 2016, B258459), the California Court of Appeal held that in an eminent domain action (where there is a direct taking of property), view impacts are compensable, but in the absence of a taking of property, a property owner is not entitled to compensation for loss of view.
In Boxer v. City of Beverly Hills, a group of property owners filed an ...
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