Wednesday, April 10, 2013

Assignment 2


When you think of restriction on land, you generally think of the government telling you what you can and can’t do. Private restrictions are other regulations enforced by the original property owner. These limits come in the form of covenants, conditions, and restrictions (CCR’s). CCR’s can either be a benefit, or a hindrance to the land owner. Also, Home Owner’s Associations are sources of private restrictions. Member’s must adhere to certain standards. An example would be the original property owner, when selling the property, including in the deed a covenant with the purchaser to prohibit guided hunting.
Here is an example of a Home Owner’s Association taking private land restrictions a little too seriously in the eyes of the members: http://www.youtube.com/watch?v=d1jz4OuJZcQ

Public restrictions on real estate are enforced by government institutions. These restrictions include land-use, property taxes, eminent domain, police powers, and escheat.

Eminent domain is basically the right of the government to seize control of your property with just payment. Police powers gives the government the right to control activity and behavior with societies best interest and general welfare in mind. Escheat is the process of transferring land ownership to the government when there is no will or descendants of the deceased owner.
Here is an example of a local government closing down many bars and restaraunts due to code violations that were deep in the wilderness of Ventura County California. : http://www.youtube.com/watch?v=MwjqJPr84Zc

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