Property Valuation
A Massachusetts appraiser is asked to provide a 'before and after' appraisal for a partial taking by eminent domain. The 'after' value reflects:
AThe value of the taken land only
BThe value of the remaining property after the taking, including any severance damages or special benefits✓ Correct
CThe replacement cost of the improvements on the taken parcel
DThe value of the entire parcel before the taking
Explanation
In a partial taking, the 'after' value reflects the market value of the remaining (remainder) property after the taking is complete. Compensation may include the value of the taken portion plus any decrease in value to the remainder (severance damages) minus any special benefits.
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