Eminent Domain and Fair Market Value in a Depressed Real Estate Market (2014) / Chapter Skim
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A-1 APPENDIX A SURVEY QUESTIONS NCHRP 20-6, STUDY TOPIC 19-01 EMINENT DOMAIN AND FAIR MARKET VALUE IN A DEPRESSED REAL ESTATE MARKET Agency Name: ________________________________________________________________________ Name of Employee: ________________________________________________________________________ Job Title: ________________________________________________________________________ Contact telephone/cell phone number: ___________________/ _____________________ Email address: _________________________________ How many years have you been with the agency? _____ NOTE: The following questions relate primarily to the nationwide financial and real estate crisis, hereinafter referred to as the "financial crisis" or the "real estate crisis," that began approximately in 2006 or 2007 when property values began a significant decline.
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A-2 If your answer is "Yes," please provide a copy of any policies with your response.
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A-3 9. During the real estate crisis has your agency or the courts in your jurisdiction permitted the use of distributive justice535 principles when determining just compensation such as by allowing compensation for an owner's subjective or sentimental loss (e.g., the taking of an owner's home or of a family homestead of long duration)
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