Land Use & Zoning
A 'taking' under the Fifth Amendment (as applied in New York) occurs when government regulation:
ARequires minor adjustments to a building's setback
BDeprives an owner of all economically beneficial use of their property without just compensation✓ Correct
CEnforces building codes on private property
DRestricts subdivision of land into fewer than 10 lots
Explanation
A regulatory taking occurs when government regulation goes so far that it effectively deprives the property owner of all economically beneficial use of their property. Under the Fifth Amendment (applicable to states via the 14th), just compensation must be paid.
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