A municipality rezoned a residential neighborhood to allow mixed commercial-residential use. A long-time homeowner claims the rezoning destroyed the character of her neighborhood and reduced her property value by 40 percent. She files a lawsuit claiming the government effectively took her property. What is this type of claim called?
Correct Answer
A) An inverse condemnation claim, alleging a regulatory taking without compensation
Inverse condemnation is a property owner's claim that the government has effectively taken property through regulation without paying just compensation. When government action substantially diminishes property value, the owner may argue that a regulatory taking has occurred.
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Related Topics & Key Terms
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Related Concepts
Community property is a system where property acquired during a marriage is owned equally by both spouses.
A freehold estate represents ownership of real property with an indefinite duration.
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
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