Have Redevelopment Agencies Gone Too Far Using the Power of Eminent Domain? the Supreme Court May Soon Tell US (Kelo V. City of New London, And Relevant Case History) Have Redevelopment Agencies Gone Too Far Using the Power of Eminent Domain? the Supreme Court May Soon Tell US (Kelo V. City of New London, And Relevant Case History)

Have Redevelopment Agencies Gone Too Far Using the Power of Eminent Domain? the Supreme Court May Soon Tell US (Kelo V. City of New London, And Relevant Case History‪)‬

Real Estate Issues 2004, Fall, 29, 3

    • $5.99
    • $5.99

Publisher Description

FEW WOULD DISAGREE THAT REDEVELOPMENT--in its traditional context--can be beneficial to society. Redevelopment has been responsible for revitalizing blighted and dilapidated communities where the previous property owners were either unwilling or economically unable to improve the property on their own. But while few would deny the possible benefits of redevelopment, few would also disagree that redevelopment, with its attendant power of eminent domain, is subject to abuse. This is primarily because although the Fifth Amendment places a "public use" limitation on the power of eminent domain, the term "public use" is largely undefined and left to the determination of local governmental entities. The result is inconsistent and contradictory case law across the country, leaving property owners, practitioners and developers in a state of confusion. The United States Supreme Court may provide some much-needed guidance in this regard, as on September 28, 2004, it agreed to hear the case of Kelo v. City of New London, a case involving redevelopment and the expansive use of the power of eminent domain. The Supreme Court is expected to determine whether the Constitution allows the government to use eminent domain to take property for the purpose of economic development. This case will also provide the Supreme Court with an opportunity to provide a workable definition of "public use" in the context of the Fifth Amendment.

GENRE
Business & Personal Finance
RELEASED
2004
22 September
LANGUAGE
EN
English
LENGTH
9
Pages
PUBLISHER
The Counselors of Real Estate
SELLER
The Gale Group, Inc., a Delaware corporation and an affiliate of Cengage Learning, Inc.
SIZE
278.2
KB

More Books Like This

Kelo V. The City of New London: What Does It Really Mean? Kelo V. The City of New London: What Does It Really Mean?
2005
Eminent Domain After Kelo: The Battle Continues. Eminent Domain After Kelo: The Battle Continues.
2006
Should Landowners Receive Just Compensation for Coastal Wetlands Regulations? (Features). Should Landowners Receive Just Compensation for Coastal Wetlands Regulations? (Features).
2003
Takings and Judicial Deference: Takings Law After the 2004-05 Supreme Court Term (Law and the Appraiser) Takings and Judicial Deference: Takings Law After the 2004-05 Supreme Court Term (Law and the Appraiser)
2005
The Fundamental Interrelationships between Government and Property The Fundamental Interrelationships between Government and Property
2003
"Who Put That Magnetometer in the Lobby?"--Landlord Claims for Inverse Condemnation Based Upon Government-Imposed Security Measures in Multi-Tenant Office Buildings. (Law and the Appraiser). "Who Put That Magnetometer in the Lobby?"--Landlord Claims for Inverse Condemnation Based Upon Government-Imposed Security Measures in Multi-Tenant Office Buildings. (Law and the Appraiser).
2003

More Books by Real Estate Issues

Conspiracy of Fools: A True Story (Book Review) Conspiracy of Fools: A True Story (Book Review)
2005
The Abc's of Asset Management. The Abc's of Asset Management.
2004
Investing in Emerging Markets: China, India and Brazil (Insider's PERSPECTIVE) Investing in Emerging Markets: China, India and Brazil (Insider's PERSPECTIVE)
2011
Real Estate in the Investment Portfolio. Real Estate in the Investment Portfolio.
2004
Commercial Real Estate Mezzanine Finance: Market Opportunities. Commercial Real Estate Mezzanine Finance: Market Opportunities.
2003
Corporate Real Estate: An Interview with Experts (Leadership Roundtable) (Interview) Corporate Real Estate: An Interview with Experts (Leadership Roundtable) (Interview)
2009