Compulsory Purchase & Compensation - A Practical Guide
The quickening pace of infrastructure development clearly indicates the wider use of compulsory purchase powers in the near future. It is vital that professional advisers understand the use of these powers, who does what in compulsory purchase, how and when, along with the valuation aspects.
This live broadcast split over two sessions will make sure you are up to date with the overall framework for compulsory purchase and most recent legal developments and provide you with the tools to ensure effective representation for your clients, both claimants and acquiring authorities. Valuation aspects will also be covered to provide valuer delegates with a helpful overview and update of the key valuation requirements, and other delegates with an overview and insight into the valuation requirements.
The live and interactive format will make this a useful session for lawyers, planners, project managers and valuers involved with the various stages in compulsory purchase, enabling everybody to tackle their roles with confidence in not only their own role but also the roles of other people they will deal with along the way.
What You Will Learn
This live and interactive session will cover the following:
Session 1: Compulsory Purchase: Introduction to legal and procedural aspects
- Legal framework for compulsory purchase and compensation
- Key stages in the acquisition of land under compulsory purchase powers
- Accommodation works: what they are and when to negotiate them
- Planning blight
- Objections and representations under the different acquisition procedures (Compulsory Purchase Order, Development Consent Procedure, Special Act)
- Recent cases
- Effective client or acquiring authority representation and advocacy
- Role of RICS Guidance
Session 2: Compulsory Purchase: the valuation aspects
- Valuation of land taken
- Loss in value of retained land: compensation for severance and injurious affection
- Basic rules for valuation, including cost approaches for unusual and specialised property (‘equivalent reinstatement’)
- Disturbance losses
- Statutory payments to owners, occupiers and house owners
- Payments for statutory and discretionary blight
- Professional fees
- Claims where no land is lost: Part One claims and the McCarthy Rules
- Disputes and their resolution
- RICS Professional Statement
- CPA Claims Protocol
- Role of the Upper Tribunal Lands Chamber
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.
11:00am - 12:30pm
11:00am - 12:30pm