SB 0821 Condemnation Proceeding Commissioners
LR Number:S3145.01I Fiscal Note:3145-01
Committee:Corrections and General Laws
Last Action:05/28/96 - S Inf Calendar S Bills for Perfection w/SA 1 (pending)
Effective Date:August 28, 1996
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Current Bill Summary

SB 821 - At the present time Section 523.040, RSMo, provides for the appointment of three commissioners in certain condemnation proceedings. This act will require that one commissioner be an attorney licensed by the Missouri Supreme Court, one shall be a real estate broker licensed by the Missouri Real Estate Commission and one shall be a real estate appraiser licensed or certified by the Missouri Real Estate Appraisers' Commission. These commissioners must be residents of the county in which the real estate under consideration is situated.