Yes, but they use THEIR appraisals and staff appraisers to come up with that "fair" market value. Much as they do to tax property now. You can appeal it, but as Chris correctly stated IF you try and hold out too long, they merely condemn the property and TAKE IT. It used to be that they could only do that IF it was direct public use only. With this ruling, it opens it up for far more corruption to take place than already exists. A builder with some clout will grease a few palms and will acquire a property at a lower price than he would have gotten it if he'd dealt one on one with the owner and in turn the county receives exorbitant property taxes they can use as revenue. Everybody wins, except the property owner.Originally Posted by tsispyder
It was a crappy ruling IMO. Very short sighted. It will open a box that later on won't be able to close.
I have a buddy who is a state representative. I'm no longer in his district, but he does represent the Lawrenceville area. He and I went to school together at Central. His name is Mike Coan. If someone needs his info, I got it.
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