70-30-313. Current fair market value. Current fair market value is the price that would be agreed to by a willing and informed seller and buyer, taking into consideration, but not limited to, the following factors:
(1) the highest and best reasonably available use and its value for such use, provided current use may not be presumed to be the highest and best use;
(2) the machinery, equipment, and fixtures forming part of the real estate taken; and
(3) any other relevant factors as to which evidence is offered.
History: En. Sec. 4, Ch. 531, L. 1981; amd. Sec. 11, Ch. 622, L. 1983.
Structure Montana Code Annotated
Part 3. Hearing, Judgment, and Subsequent Proceedings
70-30-301. Hearing -- judge to preside -- determinations by condemnation commissioners
70-30-302. Assessing compensation -- date and measure -- interest
70-30-303. Final report and award of condemnation commissioners -- procedure on failure to agree
70-30-304. Appeal to district court from assessment of condemnation commissioners
70-30-305. Condemnor to make offer upon appeal -- award of expenses of litigation
70-30-306. Necessary expenses of litigation defined
70-30-307. When payment of compensation to be made -- deposit of bond
70-30-308. How payment made -- execution or annulment for nonpayment
70-30-309. Final order of condemnation -- contents -- vesting upon filing
70-30-310. New proceedings to cure defective title
70-30-311. Putting condemnor in possession
70-30-312. Appeal to supreme court
70-30-313. Current fair market value
70-30-314. Weed control responsibility
70-30-316. through 70-30-320 reserved
70-30-321. Sale of property acquired for public use when use abandoned -- procedure
70-30-322. Option of original owner or successor in interest to purchase at sale price
70-30-323. Liability limitation -- several liability -- defense costs