The Value of Property Taken
March 10, 2017
Appraising real estate acquired through eminent domain
By Kenneth Cantrell, MAI
A typical appraisal provides an opinion of market value and is required for lending and other real estate purposes. However, in cases where eminent domain is involved, the market value is essentially an interim step leading to the final conclusion of just and adequate compensation.
Read the full article in Right of Way Magazine