Can I be forced to sell my property for less than the fair market value?

In Indiana, property owners have the right to be compensated for the fair market value of their property when it is taken for public use through a process known as eminent domain. As such, it is illegal for the government to force you to sell your property for less than the fair market value. Although the government has the power to take your property for public use, they must follow certain procedures when doing so. Under Indiana law, you have the right to receive fair compensation for your property. This means that you should be able to receive payment for the fair market value of your property. If the government attempts to force you to sell your property for less than its fair market value, you have the right to challenge the decision in court. You may also appeal the decision to the court if the government does not provide you with just compensation. In addition, Indiana law provides additional protections for property owners who are subject to eminent domain. For instance, you may be eligible for relocation assistance if you are displaced as a result of the eminent domain process. Ultimately, you cannot be forced to sell your property for less than the fair market value in the state of Indiana. The government must provide you with just compensation and follow all the appropriate procedures as laid out by the law.

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Can I be forced to sell my property for less than the fair market value?

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