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SCOTUS Declines Fla. Keys Property Rights Appeal

By David Snyder on January 28, 2018
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The U.S. Supreme Court has decided not to hear the appeal of the owner of a Florida Keys island who alleged that increasingly restrictive development regulations have harmed his property rights. The property owner argued that the zoning of the 9-acre Bamboo Key as a bird rookery constituted a taking. Florida’s lower court ruled that the city of Marathon’s payment of rate of growth ordinance points, which can be used toward the purchase of one of a limited number of development permits, was just compensation for the property. The property owner argued that the compensation received was a nonmonetary credit that was virtually useless.

 

  • Posted in:
    Real Estate & Construction
  • Blog:
    Eminent Domain and Real Estate Valuation
  • Organization:
    Fox Rothschild LLP
  • Article: View Original Source

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