Resource Center
Glossary
Educational only; not legal advice.
- Before and After Valuation
- The property is analyzed immediately before the acquisition and the remainder is analyzed after the acquisition and project, under the applicable assignment assumptions.
- Highest and Best Use
- The reasonably probable use that is legally permissible, physically possible, financially feasible, and maximally productive.
- Partial Taking
- When a public project acquires only part of a property or certain rights in it.
- Permanent Easement
- Rights acquired for utilities, access, drainage, pipelines, transmission lines, and other permanent uses.
- Remainder Damages
- Market-supported effects on the remaining property, such as impaired access, parking loss, circulation changes, reduced visibility, or irregular shape.
- Special Benefits
- Measurable project-related benefits that may affect the remainder, where applicable. Legal treatment varies by jurisdiction.
- Temporary Construction Easement
- Defined rights granted for a limited period, such as construction access, staging, grading, or restoration.
- UASFLA
- The Uniform Appraisal Standards for Federal Land Acquisitions, applied when an assignment calls for them.
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