For roads Minnesota statutes say to take what is needed for the job. And in most cases an easement will be sufficient. There is no reason to take the entire parcel and keep what is left as an investment. Or buy more land than is needed and sell off the excess at a huge profit. Or buy land with the threat of eminent domain and use the land as an investment. City and county governments are filled with thieves and there are statutes to protect the citizens from the thieves. When selling land to a any form of government agency you need to hire an attorney. A real estate attorney who knows more than simple real estate transactions. and no I am not an attorney. There are a lot of cases out there where a government agency scr ewed a citizen and was taken to court and the citizen won.
One of the last cases in Minnesota was where a school district bought a large parcel of land to be used for a school with the threat of eminent domain. The land was never used for the school. The previous owner tried to get the property back but lost the court case and the school district sold the property for six and a half million. I can't remember what the school district paid for the property but it wasn't much. If you want to look it up the case is Elon Piche Verses Independent School District NO. 621 . When selling land to a school district you need language in the deed given to them to protect you from their dishonesty. Another case that might interest you would be First American National Bank,etc verses State of Minnesota. That case was won by the citizen and involved a trunk highway.
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Today's Featured Article - The Tractor Parade: Story of a Case SC - by Bernie DeLon. On a early fall morning back in 1994, I opened the newspaper and happened to spy an article about a local antique tractor club having their annual show that weekend.
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