HOUSE BILL 509

45th legislature - STATE OF NEW MEXICO - first session, 2001

INTRODUCED BY

Daniel P. Silva







AN ACT

RELATING TO EMINENT DOMAIN; PROVIDING THAT, IN THE NEGOTIATION PERIOD, THE CONDEMNOR OR THE CONDEMNEE IS NOT REQUIRED TO MAKE AVAILABLE ANY APPRAISALS.



BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 42A-1-4 NMSA 1978 (being Laws 1980, Chapter 20, Section 4) is amended to read:

"42A-1-4. NEGOTIATION--OTHER APPRAISALS.--

A. A condemnor shall make reasonable and diligent efforts to acquire property by negotiation.

B. Unless prohibited by federal law, if the condemnor or condemnee has had prepared appraisals for the property, he [shall] may make such appraisals available to the other party during the negotiation period."

.135519.1