U.S. Supreme Court Clarifies Just Compensation In Tax Foreclosure Cases
The Supreme Court of the United States held that when a tax foreclosure auction is conducted fairly, the proper baseline for measuring just compensation after a tax sale is the auction sale price, not the property’s hypothetical fair market value. The Court vacated the lower court’s decision and remanded for further proceedings consistent with its opinion.
Appeals Court: Ingham County Violated Michigan Takings Clause
Summary disposition wrongly granted to defendants, Ingham County and its treasurer, on the claim that an unconstitutional taking of property occurred.
MSC: Unconstitutional For County To Keep Surplus Tax Sale Proceeds
Oakland County’s retention of surplus proceeds from tax-foreclosure sales was an unconstitutional taking without just compensation and violated Article 10, § 2 of the MI Constitution.