Bolduc v. Glendale Federal Bank

PARIENTE, Judge.

In this eminent domain proceeding, the owner and mortgage holder appeal a final judgment of apportionment awarding lessees, Armond’s Upholstery (Armond’s) and PSI Printing (PSI), a portion of the owner’s settlement with the condemning authority, the State of Florida Department of Transportation (DOT), for the “bonus value” of their leasehold interests in the condemned property. We find that the apportionment award to the lessees constituted an impermissible double recovery and accordingly reverse.

Upon the taking of the property in this case, PSI entered into a settlement and…