Lost Future Income Considered in Billboard Condemnation

Business Valuation Update BVLaw
Legal and Court Case Update
February 2, 2000
7311 Advertising Agencies
541810 Advertising Agencies
condemnation

National Advertising Company v. State of Nevada, Department of Transportation
116 Nev. Adv. Op. No. 10
US
State Court
Nevada
Supreme Court
Steven Johnson <br> Verne Cox <br>
Agosti

Summary

The Nevada Supreme Court concluded that the advertising company could recover income a billboard generated when it has been condemned and cannot be relocated.

See Also

National Advertising Company v. State of Nevada, Department of Transportation

The Nevada Supreme Court concluded that the advertising company could recover income generated by a billboard when it has been condemned and cannot be relocated. The court noted that the income capitalization method (gross income multiplier) and the compa ...