A Workable Common Law Baseline for Regulatory Takings
Abstract
Rights to use property are property rights. The Takings Clause of the Fifth Amendment requires governments to provide just compensation when they take property. In our constitutional republic, legislatures are competent to change the law, and legal changes sometimes alter private rights, including use rights. The Takings Clause does not forbid such legal changes. It only requires compensation for property rights taken as a result. To give use rights the constitutional protection that the Takings Clause requires, courts need a baseline of rightful property use to show when a change in the law that adversely affects use rights amounts to a taking. This essay proposes replacing the balancing test of Penn Central Transportation Co. v. New York City with a common law baseline- text
- Adam MacLeod
- St. Mary’s University School of Law
- property rights
- The Takings Clause
- Fifth Amendment
- just compensation
- constitutional republic
- private rights
- use rights
- baseline of rightful property use
- balancing test
- Penn Central Transportation Co. v. New York City
- vested property rights
- unvested interests
- remedial enactments
- declaratory enactments
- Law
- Property Law and Real Estate