The Washington State legislature is currently considering a bill which would allow owners in eminent domain actions the opportunity to take an option at the time their property is purchased to buy it back within 7 years if it is not used by the agency. They would have to reduce the FMV 30% in order tot ake the optionan d would buy it back at the FMV at the time of purchase.
Has there been similar legislation in other states? What have been the results?
Thanks for any assitance.
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Property Owner Buy Back Option Legislation
Moderator: MOdette
2 posts • Page 1 of 1
Property Owner Buy Back Option Legislation
by Deanna on Mon Feb 25, 2008 4:06 pm
- Deanna
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Re: Property Owner Buy Back Option Legislation
by rdharris01 on Wed Oct 14, 2009 7:35 am
Deanna,
Do you know if the legislation you described passed? Thanks.
Do you know if the legislation you described passed? Thanks.
- rdharris01
- Posts: 1
- Joined: Wed Oct 14, 2009 7:25 am
2 posts • Page 1 of 1
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