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Comparable sales that occur after a taking can be considered in establishing fair value.

Publication: Appraisal Journal
Publication Date: 01-JAN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Comparable sales that occur after a taking can be considered in establishing fair value.(Recent Court Decisions)

Article Excerpt
In a condemnation action, comparable sales evidence is admissible to establish the condemned property's value regardless of whether the sales took place after the taking, according to the United States Court of Appeals for the Ninth Circuit.

Jerry Croskrey and Pamela Flowers (collectively, Plaintiffs) own parcels of land adjoining the Murray Springs Fish Hatchery in Libby, Montana, each consisting of approximately...

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