On June 1, 2011, The Texas Gov. Rick Perry signed into law a bill that further tightens restrictons on state and local governments' ability to invoke eminent domain authority to convert private property for public use.
Here are some of the ways it better protects property owners:
It requires government entities to make reasonable purchase offers to landowners for their property.
It allows property owners to buy back their land at the original price 10 years later if it hasn’t been used by then.
It adds criteria that agencies must meet before declaring eminent domain over private property.
Governor Perry closed loopholes that have allowed eminent domain abuses in the past and strengthened property owners' rights for the future."
If you would like to sell or buy a house in the Greater Houston area, or if you have any questions regarding Houston Real Estate please contact Irena Gorski 281-610-4524, http://IrenaGorski.com