1 / 8

Real Property – Eminent Domain

Real Property – Eminent Domain. Eminent Domain is the government’s power to take private property “Condemnation” is the procedure through which the power of eminent domain is exercised. Real Property – Eminent Domain. Power existed prior to the Constitution An inherent aspect of sovereignty

rachel
Download Presentation

Real Property – Eminent Domain

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Real Property – Eminent Domain • Eminent Domain is the government’s power to take private property • “Condemnation” is the procedure through which the power of eminent domain is exercised

  2. Real Property – Eminent Domain • Power existed prior to the Constitution • An inherent aspect of sovereignty • 5th Amendment limitations • “nor shall private property be taken for public use without just compensation.”

  3. Real Property – Eminent Domain • U.S. Constitution • State Constitutions • State Statutes – tell us… • Who? • For what? • How? • Case law

  4. Real Property – Eminent Domain • Transformation of urban decay a.k.a. “blight” • 5th Amendment – “public use” • “Public purpose”

  5. Real Property – Eminent Domain • Can take for public use • Can take to eliminate blight • Can take to eliminate land oligopoly

  6. Real Property – Eminent Domain • Can you take a nice residential neighborhood and give it to a big drug company? • Can you condemn solely for economic development? • Economic revitalization • Employment • Property values • Tax revenues

  7. Real Property – Eminent Domain • Suzette Kelo and her “little pink house”

  8. Real Property – Eminent Domain • Other issues • Inverse condemnation • Regulatory taking • Valuation • Taxation i.e., recognition of gain or loss • IRC§1033 Involuntary conversion

More Related