Minnesota SF2160 increases reimbursement amounts for property appraisals in eminent domain proceedings.

SF2160 amends Minnesota Statutes to increase the reimbursement amounts for property appraisals in eminent domain proceedings. For single-family and two-family residential properties and minimum damage acquisitions, the reimbursement increases from $1,500 to $3,000. For other types of property, the reimbursement increases from $5,000 to $10,000. The acquiring authority must provide the owner with a copy of the appraisal or minimum damage acquisition report at least 60 days before presenting a petition.

Minnesota SF2160 increases reimbursement amounts for property appraisals in eminent domain proceedings.

SF2160 amends Minnesota Statutes to increase the reimbursement amounts for property appraisals in eminent domain proceedings. For single-family and two-family residential properties and minimum damage acquisitions, the reimbursement increases from $1,500 to $3,000. For other types of property, the reimbursement increases from $5,000 to $10,000. The acquiring authority must provide the owner with a copy of the appraisal or minimum damage acquisition report at least 60 days before presenting a petition.