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ENVIRONMENTAL CLEANUP ACTIONS, THE VALUATION OF CONTAMINATED PROPERTIES, AND JUST COMPENSATION FOR AFFECTED PROPERTY OWNERS
Ist Teil von
Journal of land use & environmental law, 1993-04, Vol.8 (2), p.325-341
Ort / Verlag
Journal of Land Use & Environment Law at the Florida State University College of Law
Erscheinungsjahr
1993
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Just compensation for the taking of contaminated private-land takings and the due process challenges to environmental cleanup activities are condidered. Case law is examined that addresses just compensation for the taking of contaminated properties. Under CERCLA, EPA has full power to condemn any property or interest necessary for a remedial action. However, the existence of such legislative authorization does not automatically exempt the agency from liability for takings. In determining just compensation for a taking, the property must be viewed in its present condition and use, and its reasonable use in the future. The elements that should be factored into the valuation estimates on a case-by-case basis are noted.