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|a (JST)24888821
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|a DE-627
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|e rakwb
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|a eng
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|a KING, REBEKAH
|e verfasserin
|4 aut
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|a Valuation of Minerals in Takings Cases
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|c 2002
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|a Text
|b txt
|2 rdacontent
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|a It is well settled that when the government uses the power of eminent domain to take private property for a public purpose, the government is required to pay the private land owner just compensation. Just compensation is the fair market value of the property. This is a difficult determination when the property does not contain unexplored mineral deposits; it is an especially difficult determination if the property does. When attempting to place a value on an unexplored mineral deposit, appraisers turn to three main methods: (1) the comparable sales approach, (2) the cost approach, and (3) the income capitalization approach. All of these methods have their pros and cons. This article explores each method and discusses the strengths and weaknesses of each. After each method is discussed, it is applied to an actual situation in Montana and discussed in that context. The final discussion includes an analysis of which method would work best in that situation and why.
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|a Copyright 2002 Natural Resources Journal
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|a Economics
|x Economic research
|x Economic analysis
|x Economic value
|x Valuation
|x Valuation approaches
|x Income approach
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|a Economics
|x Economic research
|x Economic analysis
|x Economic value
|x Valuation
|x Value analysis
|x Value appraisal
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|a Physical sciences
|x Earth sciences
|x Geography
|x Geomorphology
|x Landforms
|x Erosional landforms
|x Canyons
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|a Physical sciences
|x Earth sciences
|x Geology
|x Mineralogy
|x Minerals
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|a Physical sciences
|x Earth sciences
|x Geology
|x Mineralogy
|x Minerals
|x Mineral deposits
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|a Law
|x Civil law
|x Land law
|x Land ownership
|x Landowners
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|a Business
|x Industry
|x Industrial sectors
|x Extractive industries
|x Mining industries
|x Mining
|x Metals mining
|x Precious metals mining
|x Gold mining
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|a Applied sciences
|x Engineering
|x Energy engineering
|x Fuels
|x Fossil fuels
|x Coal
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|a Business
|x Business operations
|x Commerce
|x Purchasing
|x Cost estimates
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|a Business
|x Business operations
|x Commerce
|x Sales
|x Sales transactions
|x Student Writing
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|a research-article
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|i Enthalten in
|t Natural Resources Journal
|d University of New Mexico School of Law
|g 42(2002), 1, Seite 185-210
|w (DE-627)341340901
|w (DE-600)2066798-X
|x 00280739
|7 nnns
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|g volume:42
|g year:2002
|g number:1
|g pages:185-210
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|u https://www.jstor.org/stable/24888821
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|d 42
|j 2002
|e 1
|h 185-210
|