A Treatise on Covenants Which Run With Land, Other Than Covenants for Title (Classic Reprint)
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Hersteller: | Forgotten Books (Sims, Henry Upson) |
Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from A Treatise on Covenants Which Run With Land, Other Than Covenants for Title For a long while there was a general impression in this country that the power to charge real property with the burden of agreements affecting its use would be very unfortunate, as it must hamper the transmission of land, and operate as an impediment to commerce. And where such agreements are incautiously made, there is much to support the opinion that they are dangerous. But in recent years, it has become evident that the free changing of property and the shifting of titles, which it was formerly so plausibly desired to advance, has worked in some instances more hardship than where its exchange is rendered more difficult. As cities increased in number and size, and land and building came to involve great sums of money, it began to appear that the continued use of property in a particular locality for the same purpose was a very important element in the value and desirability of an investment. It became important as well to the public in making outlays in local improvements, as to the individuals who expended their money upon the confidence that their buildings could have a permanent use for the purpose for which they were built. Thus later in the building of new towns of great promise, and in the building of great houses in old towns, it became desirable to have some guaranty that the uses to which localities were assigned should be permanent. The importance of these matters was recognized long ago in old countries, and their laws grew into a shape pretty well calculated to effect justice. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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