Who is responsible for determining the value of my property?

In Maryland, the value of a property taken by the government through eminent domain law is determined by a court. The initial step in determining the value of a property is an assessment of the land, buildings, and any improvements made to the property by its owner. This assessment is conducted by the condemnor, or the government entity taking the property, and is generally limited to the market value of the land and improvements. The condemnor will present an offer for the property based on this assessment. However, the property owner may dispute the offer or the property value used in the offer. In this case, the owner of the property can appeal the offer and the dispute is then brought before a court. In Maryland, a trial is conducted in the Court of Special Appeals by a three-judge panel to determine the value of the property. During the trial, the property owner can present any evidence that they feel is relevant in establishing the property value. This evidence can include a wide variety of factors such as the rental value of the property, comparable sales of similar properties, any potential reductions in value due to any nearby development, etc. The Court of Special Appeals then reviews all of the evidence and determines the true market value of the property. This value is used in the offer that the condemnor must pay the property owner. Ultimately, the court is responsible for determining the value of the property in Maryland.

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Who is responsible for determining the value of my property?

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