Publication Date

12-1988

Journal

Columbia Law Review

Abstract

The article examines the legal and economic implications of exactions, particularly in light of the Supreme Court's decision in Nollan v. California Coastal Commission. While exactions—requirements imposed on developers to provide municipal benefits—can theoretically promote efficiency and fairness, the analysis suggests that their practical implementation by municipalities is fraught with challenges. These challenges include the potential for inefficiency, unfairness, and arbitrary decision-making, which may undermine their effectiveness and raise constitutional concerns. The article argues that the concerns expressed in Nollan and other cases stem from the fear that exaction schemes could lead to inefficient and unfair municipal behavior, as well as undermine the rule of law.

Volume

88

First Page

1731

Last Page

1731

Publisher

Columbia Law School

Disciplines

Constitutional Law | Housing Law | Jurisprudence | Land Use Law | Law | Property Law and Real Estate

Comments

The Jurisprudence of Takings

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