Which of the following statements is true about the Takings Clause?
A)Corporations are not covered by this clause.
B)It is present in the Fourth Amendment to the Constitution.
C)It requires the government to compensate the property owner only when the property is physically acquired.
D)Regulatory takings involve a government regulation that becomes so onerous as to require just compensation.

Question

Quizplus · Accepted Answer

The correct statement about the Takings Clause is that regulatory takings involve a government regulation that becomes so onerous as to require just compensation. This means that if a government regulation significantly impairs the use or value of private property, the property owner may be entitled to compensation from the government. The Takings Clause is present in the Fifth Amendment to the Constitution, and it applies to both individuals and corporations. Finally, it requires the government to compensate the property owner not only when physical acquisition of property takes place but also when there is a regulatory taking.

Which of the Following Statements Is True About the Takings