Land Use & Zoning

A Mississippi zoning ordinance is challenged as an 'unconstitutional taking' under the Fifth Amendment. Under Penn Central Transportation Co. v. New York, courts evaluating regulatory takings consider:

AOnly whether the regulation generates tax revenue
BThe economic impact on the property owner, interference with reasonable investment-backed expectations, and the character of the government action✓ Correct
COnly whether the government has a rational basis for the regulation
DOnly whether the property owner paid fair market value

Explanation

The Penn Central balancing test for regulatory takings weighs: (1) the economic impact of the regulation on the property owner, (2) interference with reasonable investment-backed expectations, and (3) the character of the governmental action. These factors are balanced to determine if compensation is required.

Related Mississippi Land Use & Zoning Questions

Practice More Mississippi Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Mississippi Quiz →