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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I had clients years ago that purchased the land behind their home that once had a railroad line behind it.  When they were offered the option they jumped on it. 

Not sure of the terms you mention yet whatever they called it - sure seems similar to me. 

Jul 09, 2021 12:16 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Probably a useless lawsuit, once the govt takes something they seldom give it back, and this one was "taken" a very long time ago.

Jul 09, 2021 01:37 PM
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Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

It has become a case for too damn many attorney's and politician that have to bear their drums to show how unimportant they are.

 

Jul 09, 2021 12:38 PM
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Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

This is interesting! Why there? Why now?

Jul 09, 2021 12:02 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I vaguely remember hearing the term reverse condemnation a very long time ago... but I couldn't have told you what it was, Fred.

Jul 09, 2021 02:56 PM
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Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I had not heard of this, but not surprising. But do the adjacent landowners have any rights to this abandoned rail line? If they don't own it, the current owners should be able to do whatever they want with it as long it fits within current zoning regulations. 

Jul 09, 2021 02:43 PM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I had not heard of this, and thank you for the enlightenment...A

Jul 09, 2021 02:29 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Never heard of this but easements and condemnation have been political isues for years. Many yeara ago I represented a building owner that a city had notified it was taking the land for the city benefit. We worked out a price since the city condemned many parcels. Once completed, a privately held casino was built on the properties. Government officials had a sudden increase of wealth for the public benefit. True representation. And, Hunter was not born yet!

Jul 10, 2021 05:04 AM
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Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Hopefully CSX is not involved with one of those old rail road lines. It could turn into a potential night mare!

Jul 09, 2021 05:17 PM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I know there are lots of lawsuits in California over land being taken for the "high speed rail to nowhere"

Jul 10, 2021 10:10 AM
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Roy Kelley
Retired - Gaithersburg, MD

Interesting.

Jul 10, 2021 07:41 AM
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Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I have not heard about this and it definitely is not fair.  I remember many years ago that a lot of the land at my Grandpa's farm was taken by the utility company, I think and it didn't seem fair at all nor did they do anything at all with the land.

Jul 10, 2021 05:28 AM
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Peter Mohylsky
PMI. Destin - Miramar Beach, FL

Thanks for posting.  Interesting. 

Jul 10, 2021 04:03 AM
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Steve Higgins
RE/MAX Kelowna - Kelowna, BC

No I haven't heard those terms used . 

Jul 09, 2021 06:50 PM