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ARTICLE · 23 MAY 2024

New Uniform Act Regulations Taking Effect June 3, 2024

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The regulations in 49 CFR Part 24 implementing 42 USC Ch. 61, generally known as the "Uniform Act," are being updated for the first time since 2005.

United StatesReal Estate and Construction

The regulations in 49 CFR Part 24 implementing 42 USC Ch. 61, generally known as the "Uniform Act," are being updated for the first time since 2005. New regulations are set to take effect on June 3, 2024 (the "Rule"). We will be discussing specific aspects of the new Rule in future posts. Please contact us with any specific questions in the meantime.

In general, the new Rule provides that caps on certain benefits, limits on waiver valuations and conflict of interest have increased. Cost of living adjustment will be allowed to increase maximum waiver and benefit levels over time. Persons and businesses now become eligible for most benefits if they occupy the displacement property for 90 days rather than the 180 days necessary under the existing Rule. Temporarily displaced persons or businesses will be entitled to relocation benefits not available to them previously. Tenants displaced by voluntary acquisitions may be eligible for benefits. The new Rule also addresses

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