User:CheshireKatz/Property/Chart

Regulatory Takings Chart

edit
Compensation for Regulatory Takings
Regulatory
Taking
Time Examples Compensation Calculation Results
Denial
of all
beneficial
($$) uses*
(Lucas)
Development
ban on shore
Per Se.
Eminent
domain-esque
payments
relative to
economic loss
Significant Comp.
Physical
Invasion
/
Trespass
Long-
Term
Permanent Cable installation in
building (Loretto)
Per Se.**
Structured
or absolute
payments
relative to
harm less any
economic
benefit
Minimal invasion (rare maintenance)
- econ benefit (much)
Nominal Comp. ($1)
30-yr groundwater
cleanup on farm
Serious invasion (machinery & workers)
- econ benefit (much)
Moderate Comp.
Perpetual
recurrent
Postal right-of-way
thru gated community
Minimal invasion (post carrier trespass)
- econ benefit (none)
Nominal Comp.
Military test-firing
near hotel
Serious invasion (scares off patrons)
- econ benefit (none)
Significant Comp.
Short-Term
(Temporary)
2-day fallen satellite
retrieval on farm
Possible.
At most, lease
value for time
& reasonable
lost profits
Nominal Comp.
2-week crime scene
investigation in bar
Moderate Comp.
Diminution
of value***
Possible.
* Limited to economic loss of those proscribed use interests were permissible at transfer of title.
** No matter how minute the intrusion or weighty the public purpose behind it.
*** "Too Far" test: 1) Economic impact on landowner, 2) Interference with reasonable investment-backed reliance, & 3) character of regulation.

Future Interest

edit
Future Interest & Perpetuities Problems
A grants
Land to B...
Who holds land interests? Cont. Rem. or Exec Int. in conflict with...
RAP? W&S?
for life (default). (4) B has

a Life

Estate


and

at B's

death...
A has a Rev. No. Grantor's Rev is inherently vested
& Rem to C. (1) C has a Vest. Rem. No.
& Rem to C (in her will).
C dies before A. (3)
C's estate has a Vest. Rem. No.
& Rem to C's heirs. (2) Heirs have a Cont. Rem.
Heirs are only known at C's death.
No. Cont. Rem. vests at C's death.
C is the measuring life.
& Rem to B's issues
as are 25 at B's death.

(11)
Issues (25+) have a Cont. Rem.
If none are of age, A has a Rev.
No. Cont. Rem. vests at B's death.
B is the measuring life.
& Rem to B's (or C's)
issues as reach the
age of 21
(where C
dies before B). (12)
Issues (21+) have a Vest. Rem.
& issues (21-) have Exec. Int. If
none are of age, A has a Rev.,
until first Exec. Int. is acted on.
No. Every Exec. Int. vests within
21 years after B's death.
B can serve as the measuring life.
& Rem to B's (or C's)
issues as reach the
age of 25
(where C
dies before B). (9 & 10)
Issues (25+) have a Vest. Rem.
& issues (25-) have Exec. Int. If
none are of age, A has a Rev.,
until first Exec. Int. is acted on.
Yes. An Exec. Int. might vest
more than 21 years after B's
death, where B serves as
the measuring life.*
No, if youngest
issue at B's death
is 4+ years old.
for so long

as the

land is

preserved

as open

space...
(default). (5) B has

a Fee

Simple

Determ.


and upon

breach...
A has a Rev. No. Grantor's or grantee's
interests are vested.
& Rem to C. (6) C has an Exec. Int.
Where C's Int. is unlawful,
A has a Rev.
&, separately, A
grants all remaining
interests to C.
(7)
C has an Exec. Int. A has a Rev. &,
if C dies before B, a PoRev.
& Rem to C for life. (7) C has an Exec. Int. A has a Rev. &,
if C dies before B, a PoRev.
& all A's interests to C.
*Court may change the age term to 21 to accommodate.


Future Interest & Perpetuities Problems
A grants
Land to B...
Who holds land interests? Cont. Rem. or Exec Int. in conflict with...
RAP? W&S?
for life. B has a Life
Estate
and at
B's death...
A has a Rev. No. Grantor's Rev is inherently vested.
for so long
as the land is
preserved.
B has a Fee
Sim. Det.
and
on breach...
for life... then to C. B has a Life
Estate
and at
B's death...
C has a Vest. Rem. No. C's Rem. is vested.
for so long
as the land is
preserved...
B has a Fee
Sim. Det.
and
on breach...
C has an Exec. Int.
A has a Rev., where
C's Int. is invalid.
Yes. The Exec. Int. might vest
more than 21 years after
the measuring life expired.
No, if the Exec.
Int. is acted on
within RAP.

Race/Notice Problems

edit
Non-Race Jurisdiction Problems
Who owns Greenacre?
Facts A grants Greenacre to B
B does not record
A grants Greenacre to C
C records
A grants Greenacre to B
B does not record
A grants Greenacre to C
B records
C records
Owner C owns Greenacre B owns Greenacre
Explanation In Race Jurisdiction, first to record owns property.
Race Jurisdiction (archaic) Problems
Who owns Land?
Facts A grants Land to B
& B does not record

A attempts to grant Land to B, but the
deed is not in the proper form
A dies without mentioning
Land in her will
A's kin C seeks to claim Land


A grants Land to C
C records


A grants Land to C
B records
C records


A grants Land to C
C has notice of
   A's conveyance to B
C records
B records

Owner C owns Land B owns Land C owns Land B owns Land
precariously
C owns Land
Rule In Race Jurisdiction, first
to record
owns property.
Notice is irrelevant. Until purchaser records, prior
owner may sell property again.
Transfer requires a proper deed,
absent one their is no transaction.