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Re: E-M:/ RE: / Judges side with state in wetlands development case
- Subject: Re: E-M:/ RE: / Judges side with state in wetlands development case
- From: JBull51264@aol.com
- Date: Fri, 29 Jul 2005 12:21:56 EDT
- Delivered-to: enviro-mich-archive@glc.org
- Delivered-to: enviro-mich@great-lakes.net
- List-name: Enviro-Mich
- Reply-to: JBull51264@aol.com
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Enviro-Mich message from JBull51264@aol.com
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It was a pretty blatant case too. The owners knew full well that they were
purchasing a parcel of land that had large areas of wetlands that could not be
developed. They claim the state diminished the value of the land. The land
never had the value they claimed. If a developer buys a parcel with a lake on
it would that developer be able to assume he could fill it in to put up a
shopping mall, and charge the state for not letting him do so. Just crazy.
There is a latin phrase that should cover this situation: "caveat emptor," or
"Let the buyer beware." This case has been going on for 15 years I think. As
I recall it had to do with the owner wanting to fill in wetlands to build a
restaurant in Oakland County.
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