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Real Estate & Property Law

: Law of the Land

Missouri Supreme Court Enforces Heritage Value as Part of Just Compensation in Eminent Domain Matters

By Patty Salkin

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After the City sought condemnation of 15 acres out of 45 acres owned by the Relators, the Relators claimed that the property had been in the family for over 50 years and that they were therefore entitled to heritage value as part of the just compensation determination.  During the initial valuation, the Commissioners assessed the [...]

Full post as published by Law of the Land on December 25, 2008 (boomark / email).

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