Re:A Farmer Donated Land to Turn into a Park. The City Is Bu...
by triceratops on Monday June 08, 2026 @12:47PM
(#48447759)
You're right if the land is sold at market price. If it's sold at a discount because of the restrictions, then continuing to enforce those restrictions is valid. The land's value is permanently reduced due to the inability to build, and the price reflects that.
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Re:A Farmer Donated Land to Turn into a Park. The City Is Bu...
by Dylan16807 on Monday June 08, 2026 @12:57PM
(#48447883)
The price only reflects the future value out so far. The market price is based on a small number of decades. So for the purpose of respecting the discount, that reason dries up after a while.
Re:A Farmer Donated Land to Turn into a Park. The City Is Bu...
by _heimdall on Monday June 08, 2026 @01:13PM
(#48448089)
Stipulating that such contract must expire after a period of time seems more reasonable than saying such a contract isn't valid at all.
Re:A Farmer Donated Land to Turn into a Park. The City Is Bu...
by triceratops on Monday June 08, 2026 @01:27PM
(#48448288)
So add a time-limit to the restriction.