# 25 C.F.R. § 700.119 (2025): Establishment of fair market value

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_119

## Section

- **Citation:** 25 C.F.R. § 700.119 (2025)
- **Heading:** Establishment of fair market value
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 25 CFR: Indians / Chapter IV: THE OFFICE OF NAVAJO AND HOPI INDIAN RELOCATION / Part 700: COMMISSION OPERATIONS AND RELOCATION PROCEDURES / Subpart B: Acquisition and Disposal of Habitations and/or Improvements / § 700.119: § 700.119   Establishment of fair market value.

## Text

(a)
General.
The Commission shall establish the amount of fair market value to be offered to the owner for the habitations and/or improvements. Such amount shall not be less than—
(1) The appraiser's recommendations as to the fair market value of the habitations and/or improvements; or
(2) The fair market value estimate set forth in the agency's approved appraisal, if the property is valued at $2,000 or less.
(b)
Owner retention of improvements.
If the owner of a habitation and/or improvement is permitted to retain it for removal off-site, the amount determined to be just compensation for the interest in habitations and/or improvements to be acquired from him shall not be less than the amount determined by subtracting the salvage value of the improvements he retains for off-site removal from the amount determined to be fair market value for his entire interest in the habitation and improvement. Retention of improvements by the owner shall not change, alter or abrogate the requirement of the Act that the owner must move from land partitioned to the tribe of which he/she is not a member.

## Nearby sections

- [25 C.F.R. § 700.111 (2025) § 700.111   Applicability of acquisition requirements.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_111.md)
- [25 C.F.R. § 700.113 (2025) § 700.113   Basic acquisition policies.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_113.md)
- [25 C.F.R. § 700.115 (2025) § 700.115   Preliminary acquisition notice.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_115.md)
- [25 C.F.R. § 700.117 (2025) § 700.117   Criteria for appraisals.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_117.md)
- [25 C.F.R. § 700.119 (2025) § 700.119   Establishment of fair market value.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_119.md)
- [25 C.F.R. § 700.121 (2025) § 700.121   Statement of the basis for the determination of fair market value.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_121.md)
- [25 C.F.R. § 700.123 (2025) § 700.123   Expenses incidental to transfer of ownership to the Commission.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_123.md)
- [25 C.F.R. § 700.125 (2025) § 700.125   Disposal of property.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_125.md)
- [25 C.F.R. § 700.127 (2025) § 700.127   Payments for acquisition of improvements.](https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_127.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T25_P700_S700_119. Check the current official text before relying on it. Not legal advice.