Where land has not been acquired but has been reserved or is otherwise required for a public purpose, there may also be rights of a landowner to seek compensation when a loss crystallises. For example, where a planning permit has been refused or the land is sold at a discount. In each of these situations, it is important for landowners to seek strategic advice as early as possible. It is common to miss ‘triggers’ for compensation by not understanding certain legislative requirements, such as giving 60 days’ notice prior to a sale.
Best Hooper regularly advises and represents landowners in such situations. Legal advice should always be sought where land use is restricted by reason of a requirement of a public authority or where there has been some other disadvantage caused by such requirement.