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UNITED STATES BANKRUPTCY COURT DISTRICT OF OREGON In re: Debtor(s)))))) Case No. ORDER VALUING PROPERTY PURSUANT TO 11 U.S.C. 506 AND AVOIDING WHOLLY UNSECURED LIEN IN A CHAPTER 13 CASE THIS MATTER

How to fill out motion to value property

How to Fill Out Motion to Value Property:

1. Determine the purpose: Start by understanding why you need to fill out a motion to value property. This legal document is typically used in cases of eminent domain or for property valuation disputes. Make sure you have a clear understanding of the purpose before proceeding.
2. Gather necessary information: Collect all relevant information about the property in question. This includes property deeds, surveys, appraisals, and any other documents that provide details about the property's value. It is essential to have accurate and updated information to support your case.
3. Consult with an attorney: If you are unfamiliar with the legal aspects of filling out a motion to value property, seek legal advice. An attorney who specializes in real estate or eminent domain can guide you through the process, ensure that all required information is included, and help you present a strong case.
4. Research local regulations: Each jurisdiction may have specific rules and regulations for filing a motion to value property. Research the local laws and requirements to ensure that you meet all the necessary criteria and follow the correct procedure. This will help increase the chances of a successful outcome.
5. Complete the necessary forms: Obtain the appropriate forms for filing a motion to value property. Depending on your jurisdiction, these forms may be available online or at local courthouses. Take your time to fill them out accurately, providing all the required information and supporting documentation.
6. Present your case: Once you have completed the forms and gathered all the necessary documents, submit them to the appropriate court or legal authority. Follow any instructions provided, such as paying filing fees or scheduling hearings. Be prepared to present your case and defend the value you believe the property holds.

Who Needs Motion to Value Property:

1. Property owners facing eminent domain: When the government exercises its power of eminent domain, property owners may need to file a motion to value property. This occurs when the government seeks to acquire private property for public use and needs to determine fair compensation for the affected property owners.
2. Individuals involved in property valuation disputes: If there is a disagreement regarding the value of a property between two parties, such as during a divorce settlement or inheritance dispute, a motion to value property may be necessary. This legal process helps establish the fair market value of the property in question.
3. Investors or developers: Investors or developers looking to acquire a property for commercial purposes may require a motion to value property to negotiate a fair purchase price. They may want to challenge the appraised value provided by the seller or assess the property's potential value accurately.

In summary, filling out a motion to value property involves understanding the purpose, gathering necessary information, consulting with an attorney if needed, researching local regulations, completing the necessary forms, and presenting your case. This legal process is typically necessary for property owners facing eminent domain, individuals involved in property valuation disputes, and investors or developers seeking accurate property value assessments.

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