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North Carolina General Statutes Chapter 136. Transportation § 136-112. Measure of damages

Current as of January 01, 2023 | Updated by Findlaw Staff

The following shall be the measure of damages to be followed by the commissioners, jury or judge who determines the issue of damages:

(1) Where only a part of a tract is taken, the measure of damages for said taking shall be the difference between the fair market value of the entire tract immediately prior to said taking and the fair market value of the remainder immediately after said taking, with consideration being given to any special or general benefits resulting from the utilization of the part taken for highway purposes.

(2) Where the entire tract is taken the measure of damages for said taking shall be the fair market value of the property at the time of taking.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 136. Transportation § 136-112. Measure of damages - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-136-transportation/nc-gen-st-sect-136-112/

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