Is special adaptability a type of potential value?
Newfoundland and Labrador, Canada
The following excerpt is from Roberts v. Newfoundland (Minister of Transportation and Works), 2005 NLCA 26 (CanLII):
Special adaptability is a type of potential value and both refer to possible future uses of the property which must be compensated for on the basis of their present value. “The value to the owner consists of all the advantages which the land possesses, present or future, but it is the present value alone of such advantages that fall to be determined”. (The King v. Morris Realty [1943] Ex. C.R. 140).
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