Section 24 Tenant Improvements-Valuation

• Library: Condemnation Practice 2009

Regarding the valuation of any tenant-performed improvements to the property, these improvements, without the written consent of the landlord, become realty and inure to the benefit of the landlord. Therefore, the tenant’s compensable interest may not include such compensation. See Century Elec. Co. v. Terminal R.R. Ass’n of St. Louis, 426 S.W.2d 58 (Mo. 1968); State ex rel. State Highway Comm’n of Mo. v. St. Charles County Assocs., 698 S.W.2d 34 (Mo. App. E.D. 1985) (citing Innes Land & Leasing Co. v....