Maine Revised Statutes Title 23 Sec. 154-F – Special benefits
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maine Revised Statutes Title 23 Sec. 154-F
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
In determining just compensation where special benefits are found, the owner or owners of record shall be compensated at least for the fair market value of the property and any rights or interest therein taken. [PL 1975, c. 431, §9-A (NEW).]
SECTION HISTORY
PL 1971, c. 593, §22 (AMD). PL 1975, c. 431, §§9-A (NEW).