Fair market value is the measure of adequate compensation in eminent domain.

Name: Fair market value is the measure of adequate compensation in eminent domain.
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Fair market value is considered the measure of adequate compensation in eminent domain cases because it represents the price that a willing buyer and a willing seller would agree upon under normal circumstances, ensuring that the property owner receives a fair compensation for their property taken by the government.

Fair Market Value Is the Measure of Adequate Compensation in Eminent