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CAAR Weighs in on Atlantic Coast Pipeline Property Rights Concerns

Posted: Updated: May 05, 2015 01:20 PM

Charlottesville Area Association of Realtors News Release: 

The Charlottesville Area Association of REALTORS® (CAAR) recently sent a letter to Governor Terry McAuliffe highlighting their property rights concerns with the proposed Atlantic Coast Pipeline, which will be constructed by Dominion Power and its partners. The project, which is currently under federal review, would transport natural gas about 550 miles from West Virginia to North Carolina – running through Nelson County.
Without taking a specific position on the project, CAAR raised constitutionality, restricted use of eminent domain, and landowner treatment including fair and equitable compensation as key issues that needed to be addressed throughout the siting and property acquisition process.
CAAR President Anita Dunbar said, “As the voice for real estate in Central Virginia, we believe strong property rights are inextricably linked to our economic stability and vitality. REALTORS® may have a variety of opinions on the Atlantic Coast Pipeline project, but uniformly we believe that landowner property rights must be respected.”
Dunbar's April 17th letter to Governor McAuliffe can be found here.
About CAAR – The Charlottesville Area Association of REALTORS® serves more than 1,000 real estate professionals and affiliate members throughout the City of Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa and Nelson. Widely recognized as the leading voice for real estate in Central Virginia since 1925, CAAR members bring professionalism and high ethical standards to every business transaction. The Association advocates for the protection of private property rights and provides tools and technology for members to achieve expertise in serving the needs of customers and clients. The CAAR membership is committed to enriching the region's neighborhoods by engaging in a variety of educational programs as well as community service events each year. For more information, visit www.caar.com.

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