00148912

Component

http://onlinepubs.trb.org...edstudies/vol1/469-569.pdf

This report presents evidentiary rules and valuation principles more or less applicable to all special purpose properties, and classifies type of property according to the types of special purpose property and discusses the valuation principles and rules of evidence applied in the cases concerned with each type. Observations are made on the measure of compensation as related to cases where market value has been accepted, market value has not been applied, and cases involving partial taking. The rules of evidence related to special purpose properties are discussed with reference to the market data approach, the cost approach, substitution (substitute facility doctrine) and the income approach. Two methods of appraising vacant cemetery land are considered, and preference is given to the income approach. Measures of compensation related to churches, parks (public and private), schools, and other properties are discussed. General conclusions based on the cases considered are presented, and factors that might assist in solving special purpose problems are stated.

A supplement to this paper by E.E. Level was published in Addendum 3, December 1982, pp 570-S1 through 570-S19. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved

English

p. 469-569

1976

Selected Studies in Highway Law

Case studies; Employee compensation; Evidence; Land use; Land values; Parks; Property; Property condemnation; Schools; Taking (Property)

Compensation

Education and Training; Highways; Law

TRIS, TRB

Aug 28 1998 12:00AM

• DAMNUM ABSQUE INJURIA AND THE CONCEPT OF JUST COMPENSATION IN EMINENT DOMAIN
• EMINENT DOMAIN: A LOOK AT CURRENT PROBLEMS AND FUTURE DEVELOPMENTS
• OVERVIEW OF RULES OF COMPENSABILITY AND VALUATION EVIDENCE FOR HIGHWAY LAND ACQUISITION
• RULES OF DISCOVERY AND DISCLOSURE IN HIGHWAY CONDEMNATION PROCEEDINGS
• THE MEANING OF HIGHWAY PURPOSE
• TRIAL AIDS IN HIGHWAY CONDEMNATION CASES
• TRIAL STRATEGY AND TECHNIQUES TO EXCLUDE NONCOMPENSABLE DAMAGES AND IMPROPER VALUATION METHODS IN EMINENT DOMAIN
• TRIAL STRATEGY AND TECHNIQUES USING THE COMPARABLE SALES APPROACH TO VALUATION
• TRIAL STRATEGY AND TECHNIQUES USING THE COST LESS DEPRECIATION APPROACH TO VALUATION
• TRIAL STRATEGY AND TECHNIQUES USING THE INCOME APPROACH TO VALUATION
• WHERE DOES POLICE POWER END AND EMINENT DOMAIN BEGIN?