Property Ownership
A Kentucky property owner's house is taken by eminent domain for a road widening project. The owner is entitled to compensation for:
AOnly the land taken, not the building
BFair market value of the property taken plus severance damages for remaining property✓ Correct
CReplacement cost of the home regardless of market value
DOnly the assessed value per the county PVA
Explanation
In Kentucky eminent domain proceedings, the owner is entitled to the fair market value of the property actually taken plus severance damages if the remaining property is damaged or reduced in value by the partial taking. This ensures full just compensation.
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