Land Use & Zoning
Wisconsin's 'eminent domain' proceedings require that the government pay the property owner:
AThe assessed value
BJust compensation — typically the fair market value of the property taken✓ Correct
CThe owner's asking price
DOnly the depreciated replacement cost
Explanation
Eminent domain requires payment of just compensation to the property owner, which is typically the fair market value of the property as determined by appraisal.
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