§ 1-26-705 — Effect of condemnation action on value

Wyoming § 1-26-705

• Jurisdiction: Wyoming
• Title 01: Civil Procedure
• Ch. 26: EMINENT DOMAIN
• Art. 7: COMPENSATION

Text

(a) The fair market value of the property taken, or of the
entire property if there is a partial taking, does not include
an increase or decrease in value before the date of valuation
that is caused by:
(i) The proposed improvement or project for which the
property is taken;
(ii) The reasonable likelihood that the property
would be acquired for that improvement or project; or
(iii) The condemnation action in which the property
is taken.
(b) If, before completion of the project as originally
adopted, the project is expanded or changed to require the
taking of additional property, the fair market value of the
additional property does not include a decrease in value before
the date of valuation, but does include an increase in value
before the date on which it became reasonably likely that the
expansion or change in the scope of the project would occur, if
the decrease or increase is caused by any of the factors
described in subsection (a) of this section.
(c) Notwithstanding subsections (a) and (b) of this
section, a decrease in value before the date of valuation which
is caused by physical deterioration of the property within the
reasonable control of the property owner, and by his unjustified
neglect, may be considered in determining fair market value.