The compensation to be paid for the leased fee interest in a residential houselot within a tract shall be the owner's basis as defined in section 516-1. The compensation shall be determined as of the date of the summons of the complaint in eminent domain.
Haw. Rev. Stat. § 516-24
Compensation
Applied in 1 court decision — leading case 471 F. Supp. 871 - Midkiff v. Tom (1979)
Most recently applied in 471 F. Supp. 871 - Midkiff v. Tom (May 1979)
L 1967, c 307, §13; HRS §516-24; am L 1968, c 46, §2e; am L 1975, c 184, §2(8); am L 1983, c 204, §2
Official source: Hawaii State Legislature. Reproduced from public-domain Hawaii statutes; confirm against the official source for the current text. Not legal advice.