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United States
Leading Case
regulatory takingspenn central balancinghistoric preservation
Penn Central Transportation Co. v. New York City
438 U.S. 104 (1978); 98 S. Ct. 2646; 57 L. Ed. 2d 631
Key Principle
Whether a non-categorical land-use regulation effects a taking is decided by an ad hoc balancing test weighing economic impact, interference with distinct investment-backed expectations, and the character of the governmental action.
Area of Law
Land & Property
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