Takings Clause
How can a taking occur?
Public use requirement
Govt has the power to take private property if it will be used for public use = will benefit the public
When is a land-use regulation a taking?
When it denies an owener all reasonable, economical beneficial use of her land
(Any permanent, physical invasion, no matter how minor)
What type of property does a Taking include?
How is an exaction of promises from developer an exception to a taking?
How is a taking compensated for?
• Fair market value at time of taking measured in terms of loss to the owner (not benefit to government)