Re:Pearsons, Who Pledged $100M to UChicago, Want Their Money...
by beambot on Monday March 05, 2018 @07:44PM
(#16525965)
> I don't understand how you can attach strings (i.e. conditions ) on gifts, telling the receipt how they can or cannot use the gift.
Simple, you just attach covenants to the gift. You can do the same with real property (such as during the sale of land), which restricts the ways in which a property can be used: https://en.wikipedia.org/wiki/Covenant_(law)
Simple, you just attach covenants to the gift. You can do the same with real property (such as during the sale of land), which restricts the ways in which a property can be used: https://en.wikipedia.org/wiki/Covenant_(law)