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Who determines the fair market value or just compensation of my property?

April 26, 2017compensation fair market Property value

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Who determines the fair market value or just compensation of my property?

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Normally the state employs an appraiser to determine the value of your land. In Indiana the court appoints three independent appraisers to value the property. Additionally, the law recognizes the right of property owners to seek guidance from a lawyer and of an appraiser of their own choosing.