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Does the Service Buy at Fair Market Value?

April 26, 2017buy fair market service value

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Does the Service Buy at Fair Market Value?

1 Answer

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10 Posted

Yes, the Service is required by law to offer fair market value for lands to be acquired. This estimate of value is based upon a professionally-prepared appraisal that is reviewed and approved by an experienced review appraiser. This review assures that the price offered is reflective of the sale prices of comparable properties in the vicinity.