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Code · Kansas · Chapter 75 — State Departments; Public Officers And Employees

75-3043a. Appraisal of real property before purchase by state or agency thereof; duties of director of property valuation; compensation of appraisers.

167 words·~1 min read·/ks/chapter-75/75-3043a

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75-3043a. Appraisal of real property before purchase by state or agency thereof; duties of director of property valuation; compensation of appraisers. Except as otherwise specifically provided by statute or rule and regulation, prior to the state of Kansas or any agency thereof purchasing or disposing of any real property, by deed, mortgage, gift or other means of conveyance, transfer or exchange, such property shall be appraised by one disinterested appraiser, to be appointed by the director of property valuation, to determine the market-value appraisal of such property.
Nothing in this section shall be construed as establishing or limiting the consideration for the acquisition or disposition of any such property. If the value of the real property is over $200,000 as determined by the county assessment value of such property, the director of property valuation may appoint three disinterested appraisers to determine the market-value appraisal of such real property. Any appraiser selected pursuant to this section shall receive reasonable fees or compensation from legislative appropriations made available therefor.
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