Protects individuals and businesses from government confiscation of their property without proper compensation. The level of compensation may be variously specified as fair, full, appropriate, adequate, or otherwise.
Rights and Duties
- Can the government expropriate private property under at least some conditions?
- What is the specified level of compensation for expropriation of private property?
- Under what conditions or for what purposes can the state expropriate private property?
- What limits/conditions are placed on the ability of the government to expropriate private property?