H 4070 Session 111 (1995-1996)
H 4070 General Bill, By Inabinett, J. Brown, T. Brown, Kennedy and
Moody-Lawrence
A Bill to amend Section 28-2-70, Code of Laws of South Carolina, 1976,
relating to appraisal of property before a condemnation action is instituted
under the Eminent Domain Procedure Act, so as to provide that in cases
involving the appraisal of owner-occupied residential property, the appraisal
must be the value determined by the condemnor's appraiser or one hundred
twenty-five percent of the appraised value of the property as determined by
the local tax assessor, whichever is greater.
04/12/95 House Introduced and read first time HJ-39
04/12/95 House Referred to Committee on Judiciary HJ-39
A BILL
TO AMEND SECTION 28-2-70, CODE OF LAWS OF SOUTH
CAROLINA, 1976, RELATING TO APPRAISAL OF PROPERTY
BEFORE A CONDEMNATION ACTION IS INSTITUTED
UNDER THE EMINENT DOMAIN PROCEDURE ACT, SO AS
TO PROVIDE THAT IN CASES INVOLVING THE APPRAISAL
OF OWNER-OCCUPIED RESIDENTIAL PROPERTY, THE
APPRAISAL MUST BE THE VALUE DETERMINED BY THE
CONDEMNOR'S APPRAISER OR ONE HUNDRED
TWENTY-FIVE PERCENT OF THE APPRAISED VALUE OF
THE PROPERTY AS DETERMINED BY THE LOCAL TAX
ASSESSOR, WHICHEVER IS GREATER.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. Section 28-2-70(A) of the 1976 Code is amended
to read:
"(A) Before initiating a condemnation action, the
condemnor shall cause the property to be appraised to determine the
amount that would constitute just compensation for its taking and
shall make the appraisal available to the landowner. In cases
involving the appraisal of owner-occupied residential property, the
appraisal must be the value determined by the condemnor's
appraiser or one hundred twenty-five percent of the appraised value
of the property as determined by the local tax assessor, whichever is
greater."
SECTION 2. This act takes effect upon approval by the
Governor.
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