The determination of the amount of compensation shall reflect the value of the property immediately prior to the filing of the petition under G.S. 40A-20 or the complaint under G.S. 40A-41 and except as provided in the following sections shall not reflect an increase or decrease due to the condemnation. The day of the filing of a petition or complaint shall be the date of valuation of the interest taken.
N.C. Gen. Stat. § 40A-63
In general
Applied in 1 court decision — leading case 129 N.C. App. 183 - City of Durham v. Woo (1998)
Most recently applied in 129 N.C. App. 183 - City of Durham v. Woo (April 1998)
1981, c. 919, s. 1.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.