A railroad company may change the location or grade of any portion of its road if the company finds the change is necessary for any reasonable cause, including to avoid: inconvenience to public travel; dangerous or difficult curves or grades; or unsafe or unsubstantial grounds or foundations. A change of location or grade under this section shall follow the general route of the existing road. A railroad company may enter on and take land and make surveys necessary to make the change in location or grade in accordance with Title 12 of the Real Property Article. A railroad company is liable to the owner of the land on which the road was constructed for any damages caused by a change in location or grade of the road. The amount of damages determined shall be paid to the owner or deposited into court. An owner shall claim damages within: 30 days after actual notice of the intended change has been given to the owner, if the owner resides on the premises; or 60 days after publication of notice in a newspaper in general circulation in the county, if the owner is a nonresident. If a railroad company condemns land under this section, the condemnation is binding on the company, unless the company chooses to abandon the location within 30 days after making the condemnation.