"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).

"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)‪.‬

Appraisal Journal 2003, Jan, 71, 1

    • 2,99 €
    • 2,99 €

Descrizione dell’editore

The events of September 11 may present appraisers with a unique valuation challenge related to buildings occupied by government agencies pursuant to a lease with a private owner. As federal, state, and local governments respond by increasing security measures in buildings housing their agencies, they may exert control over the exterior and interior common areas in ways not contemplated by the lease. Unless compensated through bilateral negotiations with the landlord, a government's increased security activities in the common areas may trigger liability under the Takings Clause of the United States Constitution's Fifth Amendment. The purpose of this article is to demonstrate how a government's unilaterally imposed security measures in the common areas of a privately owned multi-tenant office building can constitute a "taking" of property requiring just compensation under the Constitution and to set forth the legal principles applicable to the determination of just compensation. While the issues discussed in this article may be relevant to offices leased by state and local governments, we focus on office space leased by the federal government because of its nationwide prevalence.

GENERE
Affari e finanze personali
PUBBLICATO
2003
1 gennaio
LINGUA
EN
Inglese
PAGINE
34
EDITORE
The Appraisal Institute
DIMENSIONE
325,1
KB

Altri libri di Appraisal Journal

Cross-Examination at a Jury Trial. (Features). Cross-Examination at a Jury Trial. (Features).
2003
A Return to Fundamentals. A Return to Fundamentals.
2010
Statistical Reasoning in Family Limited Partnership Appraisals: New Tax Court Scrutiny (1) (Notes and Issues) Statistical Reasoning in Family Limited Partnership Appraisals: New Tax Court Scrutiny (1) (Notes and Issues)
2004
Residential Appraising: Changes and Challenges Ahead. Residential Appraising: Changes and Challenges Ahead.
2006
Ground Leases: Rent Reset Valuation Issues. Ground Leases: Rent Reset Valuation Issues.
2011
Valuing Properties with Wetland Potential (Author Abstract) (Report) Valuing Properties with Wetland Potential (Author Abstract) (Report)
2011