regulatory taking
- When a government regulation greatly reduces or eliminates a private property owner's rights, which goes beyond the government's normal ability to implement safety measures and other regulations
- After the city enacted a new zoning rule, the property owner claimed it was a regulatory taking as they could no longer build their planned high-rise.
- The land developer argued that the stringent environmental regulations amounted to a regulatory taking because they reduced the value of their property significantly.
- A lawyer specialized in property rights was hired to contest the rules imposed by the local council, alleging that they constituted a regulatory taking.
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