Plain English Breakdown
The bill summary and digest do not specify which purposes qualify for full appraisal cost coverage.
Eminent Domain: Appraisals
This law requires public entities offering to purchase property under threat of eminent domain for certain purposes to pay the full reasonable cost of an independent appraisal ordered by the owner.
What This Bill Does
- Requires a public entity to pay the full reasonable costs, not just up to $5,000, for an independent property appraisal when it offers to purchase land under threat of eminent domain.
Who It Names or Affects
- Public entities like cities or counties that want to buy private property using eminent domain.
- Property owners whose land is being considered for purchase under threat of eminent domain.
Terms To Know
- Eminent Domain
- The power a government has to take private property for public use, usually with compensation.
- Appraisal
- An estimate of the value of something, like land or buildings.
Limits and Unknowns
- Does not specify which purposes qualify for full appraisal cost coverage.
- The bill has passed both chambers but its final status is unclear as it may need executive action.