On the recordMarch 2, 1995
The amendment provides that when the excessive regulations of the Government exceed 50 percent of the value of the property, that the landowner then has a right to demand the Government purchase the property. At that point "It is yours, take it, just pay me, here is the title." That provision does not in any way derogate from the landowner's right, if he chooses, simply to be compensated for the diminution of value. It is simply an additional right accorded under the amendment to the landowner, where the Government really owns more of the property than he does anymore, to seek actual compensation for the property, and then turn the title over to the Government.
Source
govinfo.gov
