What is the difference between market value and fair market value?

Related FAQs

What is a public purpose?
What is a declaration of taking?
Are there any restrictions on the amount of time allotted for a taking?
How do I determine the fair market value of my property?
What should I do if my property has been taken?
Can an owner of property refuse to sell to the government?
Are there any restrictions on the use of eminent domain power?
What is the cost to the government exercising its power of eminent domain?
What are the elements of a taking?
What are the limits of eminent domain power?

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