SENATE BILL NO. 492
INTRODUCED BY K. GEBHARDT
AN ACT PROVIDING AN ALTERNATIVE APPRAISAL METHOD FOR CERTAIN PURCHASES OF REAL PROPERTY OR CONSERVATION EASEMENTS BY A COUNTY; AMENDING SECTION 7-8-2202, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
Section 1. Section 7-8-2202, MCA, is amended to read:
"7-8-2202. Appraisal required for certain purchases of real property or conservation easements. (1) Unless otherwise provided by law, a county may not purchase real property in an amount in excess of $10,000 in an amount in excess of $20,000 or a conservation easement using public funds in an amount in excess of $40,000 in an amount in excess of $80,000 unless the value of the property or conservation easement has been previously estimated by the value of the property or conservation easement has been previously estimated by:
(a) a disinterested certified general real estate appraiser selected by the county commission, county attorney, and landowner; or
(b) three disinterested citizens of the county appointed by the district judge.
(2) A county may not pay more than the appraised appraised value for the real property or conservation easement."
Section 2. Effective date. [This act] is effective on passage and approval.
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