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Section 7: Policies on Appraisal and State Acquisition of Improvements (for LPA)

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Policy

In addition to State policies, the following applies to LPAs: The LPA may make payments to the property owner, acquiring all improvements in the name of the State on State program system projects. Alternately, the LPA may allow the property owner to retain improvements. Make appropriate reductions in the parcel price if the property owner retains improvements.

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