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2013 CDBG Recipients’ Workshop
The Uniform Relocation Assistance and Real Property Acquisition Policies Act
September 5-6, 2013
Page 22013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
ACQUISITION
• “The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970”
Page 32013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
5 BASIC STEPS TO ACQUISITION
1. NOTIFY property owner of intention to acquire property
2. NOTIFY property owner & tenants of their “URA Protections”
3. DETERMINE “Just Compensation” (FMV)
4. OFFER Just Compensation
5. COMPLETE sale as expeditiously as possible
Page 42013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 1. Notify Property Owner ofIntention to Acquire Property
• This is a PRELIMINARY acquisition notice
• “Notice of Interest” or “Notice of Intent to Acquire”
• Sample letter available upon request
Page 52013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 2. Notify Property Owner & Tenants of their URA Protections
• Essential: Send the HUD Brochure with the Notice of Intent! (see Step 1)
• It’s called “When a Public Agency Acquires your Property”
• It can be found at the following site: http://www.hud.gov/offices/cpd/library/relocation/publications/1041.pdf
Page 62013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 3. Determine “Just Compensation”
• Just Compensation = Fair Market Value (FMV)…
• Requires Appraisal and a Review Appraisal• Unless…simple acquisition < $10,000.00• Qualifications for Appraisers found in URA
regulation
• Administrative Settlement Exceptions…
Page 72013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 3, “Just Compensation” continued
For simple acquisitions < $10,000:• Appropriate valuation methodology must
be used (tax records, for example)• Owner still has right to appraisal
For Property Donations:• Owner must be informed of appraisal & just
compensation rights• Waiver must be provided by owner in
writing (use HUD Form)
Page 82013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 4: Offer Just Compensation
• “Notice of Just Compensation and Summary Statement”
• This is a written purchase offer• Must summarize basis for the offer,
including…i. Property Description
ii. ID of any bldgs, equipment & fixtures included
(again - samples available)
Page 92013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Step 5: Complete Sale ASAP
• Consider community meeting if large # of easements or ROW’s are needed
• Consider “Face-to-Face” contact• Agency must consider owner’s viewpoints
& may update appraisal as a result• All property transfer costs must be paid by
agency• Deed should be filed at courthouse
Page 102013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
We will monitor your file for…• List of Acquired Properties
• Evidence that all Notices were Sent
• Copies of Any Waivers
• Copy of Appraisal & Review Appraisal
• Property Description
• Closing or Settlement Statement
• Evidence of Payment
• Evidence of Property Transfer & Copy of Recorded Deed
Page 112013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Web Resources
• http://www.hud.gov/offices/cpd/library/relocation/index.cfm
• http://www.fhwa.dot.gov/realestate/ua/index.htm
• http://www.hud.gov/offices/cpd/library/relocation/publications/1041.pdf (“When a Public Agency Acquires Your Property” Brochure)
Page 122013 CDBG Recipients' Workshop
Community Finance Division
September 5-6, 2013
Mike Casper
Email: [email protected]
Voice: (404) 679-0594
Pam Truitt
Email: [email protected]
Voice: (404) 679-5240
