Louisiana Statutes

§ 19:373 — Appointment of appraisers

Louisiana·Title 19 Corporations and Associations

§373. Appointment of appraisers

A.The governing authority shall select one or more appraisers licensed pursuant to the Louisiana Real Estate Appraisers Law to estimate just compensation to be paid to the property owners except when the estimate is expected to exceed thirty thousand dollars in which case two or more appraisers shall be selected. When the governing authority cannot amicably acquire clear title to property solely for reasons unrelated to the amount of just compensation to be paid, such as unopened successions, absentee defendants, or partial interests, one person shall be selected to make the estimate regardless of the amount. The appraiser performing the estimate shall be familiar with land values in the vicinity of the property and shall conduct the appraisal in accordance

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Legislative History

Acts 2020, No. 229, §1, eff. June 11, 2020.

Nearby Sections

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