alt Hacker NewsNo.
Farmer SELLS land (for $10) with a deed restriction that it is to be used for a public park.
Hand wavey timey wimey...
Deed restriction 'magically' goes away.
Gets sold for $10M.
No.
Farmer SELLS land (for $10) with a deed restriction that it is to be used for a public park.
Hand wavey timey wimey...
Deed restriction 'magically' goes away.
Gets sold for $10M.
So a city should tie its hands permanently because of a gift? Donations can now override city planning?
Tired of paying property tax? Gift your house to the city with a deed that says they have to rent it back to you forever for $1 a year?
Lets be clear, this wouldnt even be news if it wasnt for "Datacentre"