Other Real Estate Issues

Exaction is another type of real estate issue that often arises.  Exaction is a government attempt to mitigate development effects on existing and proposed municipal infrastructure. An example may involve a city requiring a developer to alter an existing two-lane asphalt road to a six-lane divided concrete thoroughfare to accommodate the effects of the proposed development. 

Regulatory taking is a real estate issue that our attorneys deal with that is similar to inverse condemnation.  Through excessive or extreme land use restrictions, the government may devalue a property, tantamount to a “taking,” and hence the name, “regulatory taking.”  Regulatory takings violate a landowner’s rights.  Lawsuits may be brought against the government under Federal Statute 42 U.S.C. § 1983 Civil Rights for violations of the Fifth and Fourteenth Amendments of the U.S. Constitution regarding due process, equal protection of laws and fair compensation for property.

Whatever your legal needs are in these areas of practice, we welcome the opportunity to be of service and encourage you to phone our office at 214-559-7200 to arrange a consultation to discuss your legal concerns. If you prefer, you may contact our office online.