Maine § 154-A. - Fair market value adjustment
Full text of Maine Maine Revised Statutes § 154-A. — Fair market value adjustment, with citation guidance and answers to common questions.
§ 154-A.. Fair market value adjustment
Any decrease or increase in the fair market value of real property prior to the date of valuation caused by the public improvement for which such property is acquired, or by the likelihood that the property would be acquired for such improvement, other than that due to physical deterioration within the reasonable control of the owner, will be disregarded in determining just compensation for the property. [PL 1971, c. 333, §4 (NEW).]
Frequently Asked Questions About Maine § 154-A.
What does Maine Revised Statutes § 154-A. cover?
Section 154-A. ("Fair market value adjustment") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 154-A.?
A common citation format is "Maine Revised Statutes § 154-A." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 154-A. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.