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MO SB776
Bill
AI Summary
- Courts must appoint three disinterested commissioners, who are county residents, to assess damages in condemnation cases, with at least two being licensed real estate brokers or state-licensed/certified real estate appraisers
- Commissioners must apply fair market value definitions, view the property, and submit a duplicate report under oath within 45 days (extendable by court for good cause) detailing damages for each condemned tract separately
- One copy of the commissioners' report must be filed and recorded in the court's order book, while a certified copy is delivered to the county recorder of deeds for separate indexing of each tract
- Commissioners must notify all named parties at least 10 days before viewing the property, giving them the opportunity to accompany the commissioners and present information
- Commissioners shall view the property, hear arguments, and review other relevant information offered by the parties before issuing their assessment report
Legislative Description
Requires that two of three commissioners appointed in condemnation cases be real estate brokers or appraisers
Last Action
Hearing Conducted S Financial and Governmental Organizations and Elections Committee
2/8/2010
Committee Referrals
Financial And Governmental Organizations And Elections1/19/2010
Full Bill Text
No bill text available