What is a federal taking? Should you talk to a takings attorney? This short video answers this question and explains your rights and options when faced with a federal taking.
If the government has claimed the rights to your property, it is important to note that it’s not an everyday legal matter. Such actions are called Federal Takings. Federal takings affect leaseholds, buildings, water rights, farm land, timber rights, homes or building lots, franchise agreements, office buildings, business enterprises, trade secrets, and more.
Federal takings law is a specialized area of the law handled only at the U.S. Court of Federal Claims in Washington, D.C. If the government takes property without instituting formal eminent domain proceedings to condemn property, businesses and property owners may go to court and bring an action for inverse condemnation seeking payment of just compensation. Takings lawyers can help you assess your situation and your options.