Eminent domain Flashcards
1
Q
Eminent domain definition
A
The government’s 5th Amendment power to take private property for public use in exchange for just compensation.
2
Q
Explicit takings
A
Acts of governmental condemnation.
- E.g., the government condemns O’s land to make way for a public highway.
3
Q
Implicit or regulatory takings
A
A government regulation that, although not intended to be a taking, has the same effect.
- E.g., government ban on development > economic wipeout of your investment.
4
Q
Remedy for explicit takings
A
Just compensation.
5
Q
Remedy for for regulatory takings
A
The government must either:
1. Compensate the owner
OR
2. Terminate the regulation and pay the owner for damages that occurred while the regulation was in effect.