Sec. 5. Appraisals, offers of compensation, and possession
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Section 7(h) of the Natural Gas Act ( 15 U.S.C. 717f(h) ) (as amended by section 4(b)) is amended by adding at the end the following: The holder of a certificate of public convenience and necessity shall have the property covered by the certificate appraised in accordance with generally accepted appraisal standards. The owner of the applicable property (or a designated representative of the owner) shall be given the opportunity to accompany the appraiser during any inspection of the property that is part of an appraisal under clause (i). An appraisal under clause
(i)shall be carried out before the holder of the certificate of public convenience and necessity makes an offer of compensation to the owner of the applicable property. Any offer of compensation made to an owner of property that is covered by a certificate of public convenience and necessity— shall be made in writing; may not be for an amount less than the fair market value of the property, as determined by an appraisal carried out under subparagraph (A); and shall include damages to any property of the owner that is adjacent to the property covered by the certificate. No court shall have jurisdiction to review a petition for eminent domain under this subsection unless— an appraisal has been carried out in accordance with subparagraph
(A)of paragraph (4); and the holder of the certificate of public convenience and necessity has made an offer of compensation to the owner of the applicable property in accordance with subparagraph
(B)of that paragraph. An owner of property covered by a certificate of public convenience and necessity shall not be required to surrender possession of the property unless the holder of the certificate— has paid to the owner the agreed purchase price; or has deposited with the applicable court the amount of the award of compensation in the condemnation proceeding for the property. .
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Sec. 5
Appraisals, offers of compensation, and possession
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