regulatory taking

Definition of "regulatory taking"
  1. 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
How to use "regulatory taking" in a sentence
  1. 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.
  2. The land developer argued that the stringent environmental regulations amounted to a regulatory taking because they reduced the value of their property significantly.
  3. 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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