Real Estate/Development
Jul. 23, 2002
'Hackett' Preserves Promise of Just Compensation
BY ETHAN K. FRIEDMAN Under eminent domain, public entities may seize private property, but they must pay fair market value. If the property is in a hot market and its value changes by the day, however, at what point should its value be measured?
BY ETHAN K. FRIEDMAN
Under eminent domain, public entities may seize private property, but they must pay fair market value. If the property is in a hot market and its value changes by the day, however, at what point should its value be measured?
...
Under eminent domain, public entities may seize private property, but they must pay fair market value. If the property is in a hot market and its value changes by the day, however, at what point should its value be measured?
...
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