Indiana Code 14-33-8-11. Sewer main installation as exceptional benefit
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Terms Used In Indiana Code 14-33-8-11
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 11. The board of appraisers may report, subject to the finding and approval of the court, that an increase in fair market value of real property caused by the installation of a sewer main through or adjacent to the property is an exceptional benefit to the property regardless of the use of the sewer main by the owners or occupiers of the property.
[Pre-1995 Recodification Citation: 13-3-3-61(k).]
As added by P.L.1-1995, SEC.26.