Letter of offer issued on VNI West Transgrid Power Line Project
Transgrid letters of offer for high voltage power line easements are now being issued for the VNI West project around Moulamein, Wanganella, Moonbria and Jerilderie.
I feel compelled to advise you not to accept the terms being offered by Transgrid because the offers are woefully low.
Transgrid are comparing your property to the sales of other properties that are poor quality land and in an inferior location.
Most importantly, do not agree to Transgrid gaining an option over your land. Land values generally rise over time and agreeing to an option leaves you with less compensation and you give your legal rights.
Agreeing to the initial offer takes away your extensive rights under the Just Terms Act that exist to protect landowners. These rights include protections against ‘low balling’ by Transgrid.
FM Legal can act for you for free against Transgrid as your legal fees are payable by Transgrid. Legal and valuation costs are payable on top of compensation.
