California AB1033 amends eminent domain appraisal compensation rules.

California AB1033 amends Section 1263.025 of the Code of Civil Procedure to redefine "offer to purchase a property under a threat of eminent domain." It specifies that such an offer includes eminent domain, a resolution of necessity, or a statement that the public entity may take the property by eminent domain. The bill also mandates that public entities offer to pay for an independent appraisal ordered by the property owner at the time of the offer, with the appraisal costs not exceeding $8,000 for a total acquisition or $15,000 for a partial taking.

California AB1033 amends eminent domain appraisal compensation rules.

California AB1033 amends Section 1263.025 of the Code of Civil Procedure to redefine "offer to purchase a property under a threat of eminent domain." It specifies that such an offer includes eminent domain, a resolution of necessity, or a statement that the public entity may take the property by eminent domain. The bill also mandates that public entities offer to pay for an independent appraisal ordered by the property owner at the time of the offer, with the appraisal costs not exceeding $8,000 for a total acquisition or $15,000 for a partial taking.