July 10, 2017 Posted in Industry News Share
The United States Supreme Court handed down an opinion on June 23, 2017 that addressed how a parcel would be viewed for purposes of a takings claim. The landowner owned two lots on a lake in Wisconsin and a governmental ordinance effectively precluded the sale or use of one lot. The United States Supreme Court held that there was no taking because the landowner’s adjoining lot could be considered when defining the affected property. A more thorough discussion of the case can be found here: http://www.scotusblog.com/2017/06/opinion-analysis-regulatory-takings-case-court-announces-new-test/ and https://www.washingtonpost.com/news/volokh-conspiracy/wp/2017/06/23/a-loss-for-property-rights-in-murr-v-wisconsin/?utm_term=.26827b64b705.
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