How are Property and Ownership Rights Limited?
Government Limits on Property Rights
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How are property ownership rights limited?
The US Constitution protects individual ownership rights in property. The concept of property allows the owner to exclude others from possessing or using that property. Nonetheless, laws may limit property by regulating when and how a person can use her property. In general, owners are prohibited from using their resources in ways that harm or injure others. The Federal Government limits the use of property through its power to regulate interstate commerce. State and local governments regulate the use of property pursuant to their police power to protect the health, safety, morals, and general welfare of its citizens.
Next Article: Nuisance - Property Back to: PROPERTY LAW
How do you feel about the ability of the federal, state, and local governments to infringe upon a property owners rights? Does it matter to you that the ability to infringe upon property rights is derivative power, where the constitutional protections of property rights are express? Why or why not?
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- Readily Removable Fixtures
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- Register of Deeds
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- Federal Housing Administration (FHA)
- Housing and Urban Development (HUD)
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- Design Build Contract
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- Certificate of Acceptance
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- Acquisition, Development, and Construction Loan (ADC)
- Flipping (Real Property)
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- Accessory Dwelling Unit
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- Cost-Plus Contract
- Real Estate Investment Fund
- Listing Agreement
- Property Lawyers
- Multiple Listing Service
- Home Equity
- Register of Deeds
- Title Search
- Opinion of Title
- Certificate of Title
- Abstract of Title
- Chain of Title
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- Private Mortgage Insurance
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- Settlement Statement
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- HUD-1 Form
- Closing Statement
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- Deed in Lieu of Foreclosure
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