Land Use & Zoning

Takings in the context of North Carolina land use refers to:

AThe purchase of property by private investors
BGovernment regulations that restrict property use so severely they effectively deprive owners of economic value, requiring compensation✓ Correct
CThe foreclosure of a mortgage
DA tenant's right to remain in a property

Explanation

A regulatory taking occurs when government regulations (like zoning) go so far as to eliminate all economically beneficial use of property, entitling the owner to just compensation under the 5th Amendment.

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