AB 1033: Eminent domain: appraisals: compensation.

Existing law, the Eminent Domain Law, authorizes a public entity to exercise the power of eminent domain to acquire property for a public use, as specified. Existing law entitles the owner of a property acquired by eminent domain to specified compensation. Existing law requires a public entity to pay reasonable costs, not to exceed $5,000, of an independent appraisal ordered by the owner of a property that the public entity offers to purchase under the threat of eminent domain.

This bill would instead require a public entity to pay reasonable costs of the independent appraisal described above, not to exceed $8,000 for a total acquisition of the property, and not to exceed $15,000 for a partial taking of the property. increase the limitation on the reasonable costs of an independent appraisal to $8,000.