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ACQUISITION AND EXPROPRIATION OF REAL ESTATE FOR THE PUBLIC BENEFIT IN THE CZECH REPUBLIC
(STEF92 Technology, 2015, J. Hanak)
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Expropriation is a traditional and generally accepted way of property acquisition for the public benefit. In the Czech Republic, it is most often used for roads and energy infrastructure. It has recently been a favored tool for implementing measures to improve the environment and protect against natural disasters. Investors typically need several years to purchase or expropriate all the land required. This slows down the construction process. Every year of delay means a cost increase of approximately 5 %. My paper...



