In an important eminent domain case, the U.S. Supreme Court ruled that local governments may seize homes and businesses to make way for private projects that serve a public purpose by promoting economic development.
The decision leaves it up to individual states to establish the rules that cities must follow when exercising eminent domain powers. Some states have stricter standards than those reviewed by the Court in the Connecticut case. NAR's Customized State Smart Growth Legislation program is available to any state REALTORŪ association that would like to promote legislation to firm up its state eminent domain law. Under this program NAR will work with state associations to have the necessary legislation drafted and pay half the cost. Learn more about this program.
Since the ruling was announced, REALTOR.org and REALTORŪ Magazine Online have followed the issue and will continue to create and highlight resources on the decision and its implications.