Delaware HB457 modifies property acquisition and sale procedures for the Department of Transportation.

Delaware HB457 amends Title 17 of the Delaware Code concerning the acquisition and sale of real property. It specifies that when the estimated value of the property exceeds $10,000, an appraisal must be performed by a qualified independent appraiser and reviewed by a qualified Department review appraiser. For properties valued at $10,000 or less, an appraisal can be conducted by a qualified Department employee or qualified independent appraiser, reviewed by a qualified Department review appraiser.

Delaware HB457 modifies property acquisition and sale procedures for the Department of Transportation.

Delaware HB457 amends Title 17 of the Delaware Code concerning the acquisition and sale of real property. It specifies that when the estimated value of the property exceeds $10,000, an appraisal must be performed by a qualified independent appraiser and reviewed by a qualified Department review appraiser. For properties valued at $10,000 or less, an appraisal can be conducted by a qualified Department employee or qualified independent appraiser, reviewed by a qualified Department review appraiser.