U.S. Supreme Court Adopts a Holistic Approach to Defining "Property" for Regulatory Takings Analysis
On June 23, 2017, the U.S. Supreme Court held in Murr v. Wisconsin , 137 S.Ct. 1933 (2017), that an ordinance preventing two contiguous parcels from being sold independently of one another did not result in a compensable regulatory taking of real property. The Court held that the petitioners, the owners of two adjacent lots, were not deprived of all economically beneficial use of their property through the denial of the sale of a single lot. The decision rejected a formalistic approach to t...
650 Hits
0 Comments
650 Hits