Montana § 7-8-2520 Appraisal Required For Certain Purchases Of Real Property Or Conservation Easements

Montana Statutes

§ 7-8-2520 — Appraisal Required For Certain Purchases Of Real Property Or Conservation Easements

Montana·Title 7 LOCAL GOVERNMENT·Ch. 8 ACQUISITION, TRANSFER, AND MANAGEMENT OF PROPERTY AND BUILDINGS·Part 25 Classification and Alternative Management of County Lands

7-8-2520 . Appraisal required for certain purchases of real property or conservation easements.

(1)Unless otherwise provided by law, a county may not purchase real property in an amount in excess of $20,000 or a conservation easement using public funds in an amount in excess of $80,000 unless the value of the property or conservation easement has been previously estimated by:

(a)a disinterested certified general real estate appraiser selected by the county commission, county attorney, and landowner; or

(b)three disinterested citizens of the county appointed by the district judge.

(2)A county may not pay more than the appraised value for the real property or conservation easement.

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7-8-2520 . Appraisal required for certain purchases of real property or conservation easements. (1) Unless otherwise provided by law, a county may not purchase real property in an amount in excess of $20,000 or a conservation easement using public funds in an amount in excess of $80,000 unless the value of the property or conservation easement has been previously estimated by:
(a) a disinterested certified general real estate appraiser selected by the county commission, county attorney, and landowner; or
(b) three disinterested citizens of the county appointed by the district judge.
(2) A county may not pay more than the appraised value for the real property or conservation easement.

Montana § 7-8-2520 (Appraisal Required For Certain Purchases Of Real Property Or Conservation Easements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.