7-8-2202. Appraisal required for certain purchases of real property or conservation easements.
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 $20,000 or a conservation easement using public funds in an amount in excess of $80,000 unless 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 value for the real property or conservation easement.
History: En. Subd. 8, Sec. 1, Ch. 100, L. 1931; amd. Sec. 1, Ch. 74, L. 1933; re-en. Sec. 4465.7, R.C.M. 1935; R.C.M. 1947, 16-1007(part); amd. Sec. 1, Ch. 346, L. 1983; amd. Sec. 1, Ch. 430, L. 2003; amd. Sec. 1, Ch. 427, L. 2007.