1. Home
  2. Browse Decisions
  3. P.2d
  4. 993 P.2d
  5. 993 P.2d 62 (2000)
 

NAT'L ADV. CO. v. STATE, DEPT. OF TRANSP.

No. 31570.

993 P.2d 62 (2000)

NATIONAL ADVERTISING COMPANY, A Delaware Corporation; and Donrey of Nevada, Inc., A Nevada Corporation, Appellants, v. The STATE of Nevada, DEPARTMENT OF TRANSPORTATION, Respondent.

Supreme Court of Nevada.

February 2, 2000.

Attorney(s) appearing for the Case

Lionel Sawyer & Collins and Dan C. Bowen and Madelene C. Amendola, Reno, for Appellants Donrey and National Advertising.

Husch & Eppenberger and Gregory R. Smith and JoAnn Tracy, St. Louis, Missouri, for Appellant National Advertising.

Frankie Sue Del Papa, Attorney General, and Samuel Coon, Senior Deputy Attorney General, Carson City; Price & Zirulnik, Jackson, Mississippi, for Respondent.

BEFORE ROSE, C.J., AGOSTI and LEAVITT, JJ.

OPINION

AGOSTI, J.

The issue in this condemnation case is how to value a billboard leasehold interest when the underlying property has been condemned and the billboards cannot be relocated to a comparable site. We conclude that, under such circumstances, the advertising rental income generated from such billboards should be considered in determining the fair market value of the billboard leasehold interest.

FACTS

In August...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases