28.03.2017 Views

WOTUS - Trump

WOTUS - Trump

WOTUS - Trump

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

WHAT PRESIDENT TRUMP'S<br />

EXECUTIVE<br />

ORDER<br />

ON <strong>WOTUS</strong><br />

MEANS FOR REAL ESTATE<br />

AND LAND OWNERS<br />

THE REALTORS® LAND INSTITUTE, “THE VOICE OF LAND,”<br />

APPLAUDS THE NEW ADMINISTRATION ON TAKING THIS LONG<br />

OVERDUE STEP TO REVIEW AND REVISE THE REGULATION.


LAND / Radar<br />

®<br />

COURTESY OF<br />

LANDMAGAZINES.COM<br />

125


LAND / Radar<br />

On Tuesday, February 28, President <strong>Trump</strong> signed<br />

an Executive Order that begins to unwind the Obama<br />

administration's controversial Clean Water Rule. Also<br />

known as the Waters of the U.S. rule, or <strong>WOTUS</strong>, the<br />

regulation was written by the U.S. EPA and the Army<br />

Corps of Engineers to clarify the reach of federal<br />

regulators over wetlands and waterways under the<br />

Clean Water Act.<br />

While the executive order cannot repeal <strong>WOTUS</strong>,<br />

which was finalized in May 2015, the Executive<br />

Order will direct EPA and the Army Corps to begin<br />

a formal review of the regulation, a likely first<br />

step to dismantling it.<br />

Withdrawing <strong>WOTUS</strong> will<br />

have a significant impact<br />

on the real estate sector,<br />

especially land real estate,<br />

and for private property land<br />

owners across the US.<br />

The REALTORS® Land<br />

Institute, “The Voice of<br />

Land,” applauds the new<br />

administration on taking this<br />

long overdue step to review<br />

and revise the regulation.<br />

RLI has strongly advocated<br />

for the rule to be withdrawn<br />

to eliminate the need for costly and time-consuming<br />

permits on waters that were previously unregulated<br />

by the federal government. The permits have been<br />

required to develop on private property that has any<br />

areas holding water, not just navigable interstate water<br />

or adjacent wetlands.<br />

Because <strong>WOTUS</strong> greatly increased the number<br />

and types of waters that came under the control<br />

of the EPA, many private property owners were<br />

unable to utilize their own properties—essentially,<br />

experiencing a taking of their property without just<br />

compensation—a violation of the 5th amendment.<br />

While maintaining the integrity of fresh water in this<br />

country should remain a priority, the <strong>WOTUS</strong> rule<br />

“RLI looks forward...<br />

to develop common-sense<br />

solutions to protecting our<br />

nation's water resources<br />

while balancing the<br />

interests of land real<br />

estate, land owners, and<br />

communities nationwide”<br />

—BRANDON ROGILLO<br />

claims a largely undefined and very broad jurisdiction<br />

beyond a reasonable scope. Due to pending additional<br />

litigation and technical procedures, the rule has<br />

been stayed nationwide by the Sixth Circuit Court of<br />

Appeals since last October.<br />

The Executive Order directs the EPA to begin a<br />

rewrite of the regulation to adhere more closely to the<br />

definition of “waters of the U.S.” under the Clean Water<br />

Act and provide a streamlined permitting process<br />

to provide clarity and certainty to the private sector<br />

while protecting the integrity of the country’s water<br />

resources.<br />

“RLI looks forward<br />

to working with the<br />

Administration, EPA<br />

Administrator Scott Pruitt<br />

and the Assistant Secretary<br />

of the Army for Civil Works,<br />

when approved, to develop<br />

common-sense solutions to<br />

protecting our nation's water<br />

resources while balancing<br />

the interests of land real<br />

estate, land owners, and<br />

communities nationwide,”<br />

said Brandon Rogillo, ALC,<br />

2017 RLI National President.<br />

About the REALTORS® Land Institute<br />

The REALTORS® Land Institute, “The Voice of<br />

Land,” continually strives to maintain its status as<br />

the acknowledged leader for all matters pertaining<br />

to the land real estate profession. RLI endeavors<br />

to remain the essential membership organization<br />

for the extraordinary real estate professionals who<br />

broker, lease, sell, develop, and manage our most<br />

precious resource: the land. The REALTORS® Land<br />

Institute, provides the expertise, camaraderie, and<br />

valuable resources that are the foundation for all land<br />

real estate professionals to become the best in the<br />

business. For more information, visit RLILand.com or<br />

call (800) 441–5263. °<br />

126


LANDMAGAZINES.COM<br />

127

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!