Inverse Condemnation

Inverse Condemnation

Inverse Condemnation means:
a legal procedure to obtain compensation when a property interest has been taken or diminished in value by a government entity.

See also other Tax Terms and Definitions in U.S.A.

condemnation.

Example of Inverse Condemnation:

Learn more about tax examples, explanations and calculations here.

Curtis owns a home near a public airport. The city constructs a new runway that sends air traffic directly over Curtis' house, seriously diminishing his enjoyment of his property and its value. Curtis may sue for inverse condemnation and, if successful, may force the airport authority to take his house in exchange for just compensation.


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *