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A US couple lost a mortgage-free home of $59,759 after a $588.21 tax debt grew to $5,268
A Nebraska couple, Kevin Fair and Terry Fair, lost their home due to unpaid property taxes totaling $588. After being unable to pay the amount required to redeem their property, Continental Resources obtained a tax deed. Fair claimed that losing property worth $59,759 for such a small tax debt constituted an unconstitutional taking. The Nebraska Supreme Court ruled Fair had a valid takings claim based on property value.
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