My Blog
Gregory K Zieba & Associates - Real Estate Appraisers and Consultants
My Blog

Property Rights

Landowners win case on Property Rights

On June 25 2013, the Supreme Court in a 5-4 decision ruled in favor of the plaintiff in Koontz v. St Johns River Water Management District.  The plaintiff (Koontz) owned a 14.9-acre tract of mostly wetlands near Orlando Florida. He wished to develop 3.7 acres and filed for a permit to dredge and fill that portion of his land. In exchange, he pledged  to conserve the remaining portion of his land.
 
The St Johns River Water Management District required he only develop one-acre, or make improvements to government owned land nearby in exchange for a permit to be issued.
RSS

Recent Posts

When Losing Money on Commercial Real Estate Makes Perfect Sense - See more at: http://commercialappraiserky.com/when-losing-money-on-commercial-real-estate-makes-perfect-sense
Property Assessments
Landowners win case on Property Rights

Categories

Commercial Real Estate
Property Rights
Taxation and Assessments
powered by