Amends Delaware Code to change appraisal requirements for property disposal by the Department of Transportation.
Delaware HB457 amends Title 17 of the Delaware Code concerning the acquisition and sale of real property. It modifies the appraisal process for properties no longer needed for transportation purposes. Specifically, it changes the threshold for requiring an appraisal from $10,000 to $25,000. It also allows the Department of Transportation to sell or convey property with minimal independent utility to adjoining property owners or community associations without an appraisal.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.