Taxpayer Developer’s $4M Land Donation Upheld in Quid Pro Quo Contribution/Appraisal Compliance Case
By EsqSocial Corporation 03/11/20
An individual donating land to a municipality simultaneously when seeking to obtain development approvals from that same municipality often encounters the issue of whether the contribution lacked charitable intent and if the donation induced the municipality to grant the necessary approvals. Another frequent issue arising from a contribution of property is whether the appraisal contained all of the required information....
By: Troutman Pepper