Surplus Equity and State Laws: Supreme Court Decides in Favor of Property Owners in Groundbreaking Tyler v. Hennepin County Ruling
Washington, D.C. – In a landmark decision that could reshape property rights, the U.S. Supreme Court delivered a ruling in 2023 that clarifies what constitutes “private property” under the Constitution in cases of government action. The case, Tyler v. Hennepin County, Minnesota, addressed whether a taxpayer retains a property interest in excess funds after a government tax sale has recovered the owed taxes. The court’s unanimous decision, penned by Chief Justice Roberts, held that if a government entity sells seized property to settle tax debts, any surplus funds generated beyond the tax debt must be … Read more