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The fair market value as used in this chapter shall be defined as the price the property would bring when offered for sale by a willing seller who is not forced to sell and which is sought by a willing buyer who is not required to buy, after due consideration of all the elements affecting value.
Cite this article: FindLaw.com - Alabama Code Title 18. Eminent Domain § 18-1A-172 - last updated January 01, 2019 | https://codes.findlaw.com/al/title-18-eminent-domain/al-code-sect-18-1a-172/
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