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Landowners Lose Moratorium Compensation Case

LAKE TAHOE, CA-According to a U.S. Supreme Court ruling this week, Lake Tahoe property owners will not be compensated for losses caused by a temporary freeze on development in the 1980's.

By Michelle Savage | Updated on April 24, 2002

LAKE TAHOE, CA-The U.S. Supreme Court has voted 6 to 3, rejecting claims by hundreds of Lake Tahoe property owners who claim that their property was “unconstitutionally” taken. The Supreme Court did not establish guidelines regarding how long the government can freeze development without reimbursing property owners.

The property owners bought land in Lake Tahoe before a 32-month freeze on development in 1981, which bought time for agencies to consider a long-term plan for the basin, was enforced. According to the owners, the freeze temporarily denied them all economic value of their land. These landowners sued in 1984 for $27 million. The suit was dismissed this week by the Supreme Court, which upheld an earlier ruling of the U.S. Court of Appeals.

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