Eminent Domain Flashcards
1
Q
Eminent Domain defined
A
-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
- for example, the gov’t condemns your land to make way for a public highway
3
Q
Implicit or Regulatory Takings
A
-a governmental regulation that, although not intended to be a taking, has the same effect
4
Q
Remedy for a Regulatory Taking:
A
-gov’t must either:
i-compensate the owner OR
ii-terminate the regulation and pay owner for damages that occurred while regulation was in effect