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City's undue delay in condemning property can constitute inverse condemnation.

Publication: Appraisal Journal
Publication Date: 01-JAN-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: City's undue delay in condemning property can constitute inverse condemnation.(Recent Court Decisions)

Article Excerpt
Landowners whose property was declared blighted but never formally condemned can recover consequential damages if the city unduly delayed condemnation proceedings or engaged in untoward activity, according to the Supreme Court of Missouri.

Clay County Realty Company and Edith Investment Company (collectively, Clay) own the Gladstone Plaza Shopping Center in the city of Gladstone. In 2003, the city declared the property blighted; in 2004, the...

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