User:CheshireKatz/Property/Chart

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[edit] Regulatory Takings Chart

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.

[edit] Future Interest

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.

[edit] Race/Notice Problems

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.