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单词 blight notice
释义

blight notice
A statutory notice by which an owner-occupier can require a public authority to purchase land that is potentially liable to compulsory acquisition by them and therefore cannot be sold at full value on the open market. The land may, for example, be shown in a development plan or designated in published proposals as the site of a future highway. In practice, the blight notice operates as a form of reverse compulsory purchase: the qualifying owner can require the authority to purchase his property at a market price that ignores the effects of its proposals.

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更新时间:2025/4/4 21:35:03