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Current as of January 01, 2024 | Updated by FindLaw Staff
Current fair market value is the price that would be agreed to by a willing and informed seller and buyer, taking into consideration, but not limited to, the following factors:
(1) the highest and best reasonably available use and its value for such use, provided current use may not be presumed to be the highest and best use;
(2) the machinery, equipment, and fixtures forming part of the real estate taken; and
(3) any other relevant factors as to which evidence is offered.
Cite this article: FindLaw.com - Montana Title 70. Property § 70-30-313. Current fair market value - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-70-property/mt-code-ann-sect-70-30-313/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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