Eminent domain: appraisals: compensation.

AB 1033

California Bills

20250AB__103397AMD INTRODUCED 2025-02-20 AMENDED_ASSEMBLY 2025-03-28 AMENDED_ASSEMBLY 2025-05-23 2025 AB AMD Introduced by Assembly Member Lackey LEAD_AUTHOR ASSEMBLY Lackey

An act to amend

Section 1263.025 of the Code of Civil Procedure, relating to eminent domain. eminent domain Eminent domain: appraisals: compensation. Existing law, the Eminent Domain Law, authorizes a public entity to exercise the power of eminent domain to acquire property for a public use, as specified. Existing law entitles the owner of a property acquired by eminent domain to specified compensation. Existing law requires a public entity to pay reasonable costs, not to exceed $5,000, of an independent appraisal ordered by the owner of a property that the public entity offers to purchase under the threat of eminent domain.

This bill would increase the limitation on the reasonable costs of an independent appraisal to $8,000. MAJORITY NO YES NO NO NO NO NO NO NO NO The people of the State of California do enact as follows:

SECTION

Section 1263.025 of the Code of Civil Procedure is amended to read: 1263.025. (

a) A public entity shall offer to pay the reasonable costs of an independent appraisal ordered by the owner of a property that the public entity offers to purchase under a threat of eminent domain, at the time the public entity makes the offer to purchase the property. The independent appraisal shall be conducted by an appraiser licensed by the Office of Real Estate Appraisers. (

b) For purposes of this section, “reasonable costs of an independent appraisal” shall not exceed eight thousand dollars ($8,000). (1)<xhtml:span class="EnSpace"/>Eight thousand dollars ($8,000) for a total acquisition of the property.</xhtml:p><xhtml:p>(2)<xhtml:span class="EnSpace"/>Fifteen thousand dollars ($15,000) for a partial taking of the property. </xhtml:p>"?> (

c) For purposes of this section, an offer to purchase a property “under a threat of eminent domain” is an offer to purchase a property pursuant to any of the following:

(1) Eminent domain.

(2) Following adoption of a resolution of necessity for the property pursuant to

Section 1240.040.

(3) Following a statement that the public entity may take the property by eminent domain.

Document details

CollectionCalifornia Bills
CitationAB 1033
Date2025-05-23
Typebill
Languageen
SourceCA_BILL
Identifier20250AB103397AMD

Eminent domain: appraisals: compensation.

AB 1033

California Bills

Eminent domain: appraisals: compensation.

AB 1033

California Bills

20250AB__103397AMD INTRODUCED 2025-02-20 AMENDED_ASSEMBLY 2025-03-28 AMENDED_ASSEMBLY 2025-05-23 2025 AB AMD Introduced by Assembly Member Lackey LEAD_AUTHOR ASSEMBLY Lackey

An act to amend

Section 1263.025 of the Code of Civil Procedure, relating to eminent domain. eminent domain Eminent domain: appraisals: compensation. Existing law, the Eminent Domain Law, authorizes a public entity to exercise the power of eminent domain to acquire property for a public use, as specified. Existing law entitles the owner of a property acquired by eminent domain to specified compensation. Existing law requires a public entity to pay reasonable costs, not to exceed $5,000, of an independent appraisal ordered by the owner of a property that the public entity offers to purchase under the threat of eminent domain.

This bill would increase the limitation on the reasonable costs of an independent appraisal to $8,000. MAJORITY NO YES NO NO NO NO NO NO NO NO The people of the State of California do enact as follows:

SECTION

Section 1263.025 of the Code of Civil Procedure is amended to read: 1263.025. (

a) A public entity shall offer to pay the reasonable costs of an independent appraisal ordered by the owner of a property that the public entity offers to purchase under a threat of eminent domain, at the time the public entity makes the offer to purchase the property. The independent appraisal shall be conducted by an appraiser licensed by the Office of Real Estate Appraisers. (

b) For purposes of this section, “reasonable costs of an independent appraisal” shall not exceed eight thousand dollars ($8,000). (1)<xhtml:span class="EnSpace"/>Eight thousand dollars ($8,000) for a total acquisition of the property.</xhtml:p><xhtml:p>(2)<xhtml:span class="EnSpace"/>Fifteen thousand dollars ($15,000) for a partial taking of the property. </xhtml:p>"?> (

c) For purposes of this section, an offer to purchase a property “under a threat of eminent domain” is an offer to purchase a property pursuant to any of the following:

(1) Eminent domain.

(2) Following adoption of a resolution of necessity for the property pursuant to

Section 1240.040.

(3) Following a statement that the public entity may take the property by eminent domain.

Document details

CollectionCalifornia Bills
CitationAB 1033
Date2025-05-23
Typebill
Languageen
SourceCA_BILL
Identifier20250AB103397AMD
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