Takings Clause Flashcards
Where in the Constitution is the T.C?
In 5th amendment but incorporated under DPC in the 14th
Language of T.C
No property can be taken by the govt for public purpose without just compensation
Three components to argue under T.C
1) Public Purpose
2) Taking
3) Just Compensation
Meaning of public purpose
The court has never found no PP, if they can conceive of any PP furthered than it is met
What is a taking
1) Physical
- Even if temporary
- Any physical intrusion
2) Regulation taking all economic value
- Complete economic wipe out
3) Regulation so intrusive it amounts to taking
- Penn State factors: overall economic impact on you, what were you expectations when you invested, how wide spread is the regulation