Iowa § 327G.79 Valuing property in controversy

Iowa Statutes

§ 327G.79 — Valuing property in controversy

Iowa § 327G.79

Title VIIITRANSPORTATION

Ch. 327GRAILROAD RIGHTS-OF-WAY, CROSSINGS, TRACKS, AND FENCING

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Bluebook

Iowa Code § 327G.79 (2026).

Text

1.The department of inspections, appeals, and licensing’s determination and order shall be just and equitable and, in the case of the determination of the fair market value of the property, shall be based in part upon at least three independent appraisals prepared by certified appraisers. Each party shall select one appraiser and each appraisal shall be paid for by the party for whom the appraisal is prepared. The two appraisers shall select a third appraiser and the costs of this appraisal shall be divided equally between the parties. If the appraisers selected by the parties cannot agree on selection of a third appraiser, the state department of transportation shall appoint a third appraiser and the costs of this appraisal shall be divided equally between the parties.

2.Thedepartmentof

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1. The department of inspections, appeals, and licensing’s determination and order shall
be just and equitable and, in the case of the determination of the fair market value of the
property, shall be based in part upon at least three independent appraisals prepared by
certified appraisers. Each party shall select one appraiser and each appraisal shall be paid
for by the party for whom the appraisal is prepared. The two appraisers shall select a third
appraiser and the costs of this appraisal shall be divided equally between the parties. If the
appraisers selected by the parties cannot agree on selection of a third appraiser, the state
department of transportation shall appoint a third appraiser and the costs of this appraisal
shall be divided equally between the parties.
2. Thedepartmentofinspections,appeals,andlicensing’sdeterminationandorderisfinal
for the purpose of administrative review to the district court as provided in chapter 17A. The
district court’s scope of review shall be confined to whether there is substantial evidence to
support the department of inspections, appeals, and licensing’s determination and order.
3. For purposes of this subchapter, unless the context otherwise requires, “department”
means the state department of transportation.
[82 Acts, ch 1207, §3]