OK · jury_instructions
OUJI-CIV No. 25.6
CONDEMNATION --- EVIDENCE OF COMPARABLE SALES
CONDEMNATION --- EVIDENCE OF COMPARABLE SALES
To determine the fair market va lue of a property, you may consider evidence of
comparable sales of other property. Generally, the m ore similar one property is to
another, the closer their values are. In weighing evidence of a comparable sale, you
should consider how similar the other property is to the property that was taken. The
following are some of the many factors to consider:
1. How far away the other property is;
2. How similar the neighborhoods are in which the properties are located;
3. Any zoning or other restrictions on the uses to which the properties may
be put;
4. The size, condition, and shape of the properties;
5. How close the date of the other sale was to the date of the taking;
6. The terms of the other s ale; and
7. Whether the other sale was a voluntary, arms length transaction.
No two properties are identical, and you will need to make appropriate
adjustments to account for differences between the properties.
Provenance
- Source
- oscn.net
- Retrieved
- 2026-08-23
- Edition
- 2026-08-23
- Content hash
2d7024e4085275c0462727638e3de9adb3275ae0a2d44bc4b58ac829cfb6b95d
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