HANDBOOK CONTENTS I The Power of Eminent Domain II The Eminent Domain Process III Just Compensation • What is "just compensation"? • Who is entitled to just compensation? • What is "fair market value"? • As of what date will my property be valued? • What happens if the property is rented - who gets the compensation? • What if only part of my property is taken? • What about improvements - is compensation paid for these? • Are business losses compensated? • Is there anything I need to do to protect my right to seek business losses? • Am I entitled to interest? • How much will this cost, and am I entitled to recover my expenses from the government? IV Retaining an Attorney
	THE CALIFORNIA EMINENT DOMAIN HANDBOOK Chapter III: Just Compensation Am I entitled to interest? The government must generally pay interest on the amount of any award of just compensation from the earlier of the date it takes possession of the property, or from the date of judgment. The amount of interest is variable, and changes every six months. The amount applicable to any six month period is determined by a procedure set forth in the Eminent Domain Law.
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