Land Use & Zoning
A Kentucky property owner's land is taken by the state for a highway. The owner is entitled to:
ANo compensation if the taking serves a public purpose
BJust compensation equal to the fair market value✓ Correct
CReplacement cost of all structures on the land
DThe original purchase price plus interest
Explanation
The Fifth Amendment and Kentucky Constitution require just compensation when private property is taken for public use. Just compensation is generally defined as the fair market value of the property at the time of the taking.
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