valuation in condemnation
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 229 U.S. 53 - United States v. Chandler-Dunbar Water Power Co. · 1913Most cited · 965 citing opinions
The value should be fixed as of the date of the proceedings, and with reference to the loss the owner sustains, considering the property in its condition and situation at the time it is taken, and not as enhanced by the purpose for which it was taken.