Lowball Watch – Oklahoma

The Owners Counsel reports (June 10, 2011)  a verdict from Tulsa, Oklahoma, as follows. Condemnor’s initial offer for approximately 12 acres of agricultural land: $365,000. Commissioners’ award: $1,402,850. Jury verdict: $3,100,000.

Additionally, since the jury verdict exceeded the commissioners’ award by more than 10%, under Oklahoma law the owners are entitled to attorneys’ fees and costs. These have not yet been calculated.

For the full story from Tulsa World, the local newspaper click here

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