Lege Trend. 4 Property Value Requirements in this Eminent Domain Bill. Read the Bill.

Utah is considering HB62 which looks to re-define property valuation for eminent domain by requiring the value include:

  • any impact from the public project for which the property was taken
  • anything a prudent purchaser would consider in determining the market value of the property after the taking
  • access to the property that exists after the taking
  • and the value shall not include in the property value will be the property tax assessment 

Libertas Utah | HB 62: Helping Ensure Just Compensation for Eminent Domain Takings