The Protection of Property Rights for Lands to be Taken
||Tzu-Chin Lin; Sen-Tyan Lin
||The Protection of Property Rights for Lands to be Taken
||11th European Real Estate Society Conference (2-5 June 2004) Milano, Italy
||Government land taking imposes severe restrictions on private properties. Consequently, the possible beneficial uses and exchange value of a property are adversely affected. What is even worse is that it may take a number of years before a property is physically taken thereby delaying compensation. Two cases of road-widening projects in London, England and Lu-Ju, Taiwan are examined to uncover how property owners and tenants take actions against the adversity brought on by the uncertainties of a land taking. Empirical evidence shows that a significant number of property owners and tenants have taken legal, market-oriented, and even political measures to reduce their possible loss, in addition to their appeal for a higher compensation.
||Land Takings; Road-Widening Scheme; Property Rights
Post discussion ...
||Land Policy and Property Rights
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