PARTIAL TAKING OF A CEMETARY WITH A CONTINGENT LIABILITY

THE PURPOSE OF THE APPRAISAL IS TO ESTIMATE THE MARKET VALUE OF THE PARTIAL TAKING OF CEMETARY LAND IN CONNECTION WITH THE INTERSTATE HIGHWAY SYSTEM. THE TYPICAL ASSUMPTION THAT THE LAND BEING ACQUIRED IN A CEMETARY CONDEMNATION TAKING WILL ALWAYS BE THE NEXT AREA SOLD IS FALLACIOUS WHEN THE PERPETUAL CARE FUND IS EITHER INADEQUATE OR NONEXISTENT. THE PROPER APPROACH TO VALUE LIES IN THE INCOME STREAM - ITS STRENGTH AND DURATION. /AUTHOR/

  • Supplemental Notes:
    • Vol 35, No 1, PP 107-115
  • Authors:
    • Hall, T H
    • Beaton, W H
  • Publication Date: 1967-1

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Filing Info

  • Accession Number: 00238359
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 15 1994 12:00AM