Oregon Statutes - Chapter 271 - Use and Disposition of Public Lands Generally; Easements - Section 271.350 - Determining valuation of property in exchanges.

The value of the respective properties proposed to be exchanged shall be determined by the governing body of the political subdivision. The governing body shall cause it to be appraised by one or more competent and experienced appraisers. The compensation, if any, of the appraisers shall be borne equally by the respective owners of the property. In case the valuation shall not be mutually satisfactory to the respective owners it shall not be binding upon them. [Amended by 1981 c.787 §31]

Section:  Previous  271.230  271.300  271.310  271.320  271.330  271.335  271.340  271.350  271.360  271.370  271.375  271.380  271.390  271.400  271.405  Next

Last modified: August 7, 2008