Understanding Regulatory Takings & Compensation Law
100 likes | 206 Views
Explore eminent domain, condemnation procedures, inverse condemnation, exactions, and compensation in the context of private property rights. Learn about fair market value, just compensation, and relevant legal procedures.
Understanding Regulatory Takings & Compensation Law
E N D
Presentation Transcript
Unit 13 ARE 306 Regulatory Takings: Condemnation, Regulation and Impermissible Takings of Private Property
5th Amendment • “nor shall private property be taken for public use, without just compensation.”
Condemnation (eminent domain) • Public use • Just compensation • Fair market value
Who may take • Public condemnor • Private condemnor
Condemnation Procedure • Prior purchase offer not required • Notice • Institution of action & deposit • Answer to complaint • Damages & other issues
Condemnation Procedure (continued) • Damages sole issue - commissioners • Trial de novo from findings of commissioners • Vesting • Quick take - filing • Conclusion of case - all others
Inverse Condemnation • No legal action by public entity • Attorney fees available in N.C. • Types • Physical invasion • Noninvasive • Physical invasion cases • Regulatory takings cases
Exactions • Need created by development • Commensurate benefit to development • Schools & gen’l road improvements forbidden in N.C.
N.C. Takings Examples • More expansive than federal law • No N.C. Constitutional provision
Compensation • FMV • Partial takings • FMV before less FMV aftyer • Offsets allowed