Takings Clause Flashcards

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1
Q

Eminent Domain

A

Taking of private property for public purposes is known as eminent domain. Cannot be taken without just compensation (FMV) pursuant to 5th amendment.

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2
Q

Types of property that can be taken

A

Real property, tangible personal property, and intangible property (such as contract, patent rights, trade secrets)

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3
Q

Interests that can be taken

A

Easements, leaseholds, liens

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4
Q

Public Use Challenge

A

taking must be rationally related to a conceivable public purpose.

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5
Q

Damage/Destruction to Property

A

Can amount to taking unless it was in response to public peril.

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6
Q

No Economically viable use

A

Permanent total loss of property’s economic value = taking

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7
Q

Only a portion of property was taken

A

owner may receive compensation for the diminution in value of the remaining portion.

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