A NJ appellate court ruled that the state’s Sports and Exposition Authority had the right to use eminent domain to acquire a landfill to continue solid waste disposal there. The Court held that the New Jersey Sports and Exposition Authority could use eminent
Eminent Domain and Real Estate Valuation
The Eminent Domain and Real Estate Valuation blog, published by Fox Rothschild LLP, covers legal issues related to eminent domain, property valuation, and appraisal practices. It addresses topics such as just compensation standards in condemnation cases, appraisal discrimination laws, regulatory thresholds for loan appraisal exemptions, and litigation involving eminent domain takings. The blog also discusses the intersection of federal and state law in eminent domain proceedings, challenges to appraisal board regulations, and municipal use of eminent domain for redevelopment projects. It provides updates on legislative developments, court rulings, and regulatory actions affecting real estate valuation and eminent domain law.
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SCOTUS Asked To Hear Tribal Land Condemnation Case
By David Snyder
A New Mexico utility has filed a petition asking the U.S. Supreme Court to hear an appeal of a decision precluding it from condemning land for a power line because the Navajo Nation held an interest in that property. The…
GA Supreme Court: Condemnees Must Be Given Appraisal Summary Before Condemnation
By David Snyder
The Georgia Supreme Court has ruled that the city of Marietta violated the Georgia Landowner’s Bill of Rights when it condemned a grocery store without providing a summary of its appraisal to the property owner. The City argued that these…
Louisiana Supreme Court Hears Eminent Domain Case
By David Snyder
The Louisiana Supreme Court heard oral arguments whether St. Bernard Parish port officials violated Louisiana’s eminent domain laws when they seized a privately run port operation along a mile of Mississippi River frontage in 2010. The property owner argued…
Agencies Issue Temporary Exceptions To Appraisal Requirements In Hurricane Areas
By David Snyder
The Federal Reserve Board has issued a statement providing for temporary exception to appraisal requirements in hurricane areas affected by severe storms and flooding related to Hurricanes Harvey, Irma, and Maria. Below is that statement:
Responding to widespread damage caused…
Appraisal Groups Seek To Prevent Appraisal Waivers
By David Snyder
35 appraiser organizations including the Appraisal Institute are asking Congress to prevent Freddie Mac and Fannie Mae from issuing appraisal waivers. Freddie and Fannie recently announced plans to no longer require appraisals for first purchase loans, as well as for…
PA Considers Bill Prohibiting Condemnations Land Locking Properties
By David Snyder
A bill was introduced in the PA House of Representatives which stating that “in the case of a partial taking of the property of a condemnee, a condemnor may not render the remaining parcel inaccessible to the condemnee by creating…
Freddie Mac OKs Appraisal Alternative for Some Mortgages
By David Snyder
Freddie Mac announced that it will utilize automated collateral evaluations to determine when an automated appraisal can be used for new home mortgages and refinancing. ACE uses data from multiple listing services, public records and historical home values to determine…
Developer Asks SCOTUS To Hear Fla. Takings Case
By David Snyder
A Florida developer petitioned the U.S. Supreme Court to hear a $10 million takings case against the Florida Department of Environmental Protection The developer alleged that the DEP’s denial of a development permit for a beachfront parcel was an unlawful taking. The developer…
NC Announces Assessment Reappraisal Counties
By David Snyder
NC has announced that the following counties will begin the tax reassessment appraisal process of real properties in January 2018:
BEAUFORT COUNTY MITCHELL COUNTY
CLAY COUNTY …