Condemnation Actions: How Valuable Is Your Evidence of Property Value?
By: Erica Stutman When a government condemns (takes) private property for a public use, the property owner is entitled to receive “just compensation” equal to the property’s market value. Value is typically determined by appraisals, but if the parties cannot agree, a judge or jury will determine the amount in a condemnation lawsuit. The parties […]
| 3 min read | Tagged: assemblage, condemnation, eminent domain, highest and best use, just compensation, project influence
Erica Stutman Counsel