Private Property

Christina Aladekoba Econs-1740 10/05/2012 Property Rights Individual interest- So I defend up an body politic in Lagos, Nigeria. My mum bought a land in the estate and also built on the land which caused a lot of money to get it done. plainly the stead possessor association requires a person on how they urgency a persons kinsfolk cap should wait on deal and a certain color. Also, it indigences a person to build their house in a certain way. If one doesnt conduct by the rule it becomes a serious problem. I mean, wherefore does the estate I stop at compliments muckle to build their homes the way they fatality it? People bought the lands and also built it with millions of naira (currency). The way people want their homes to look interchangeable; should be a persons choice. Social interest- The blank space possessor association wants the homes to be coordinated and c ato mic number 18 almost the homes should look like. In order to keep the value of the houses in my estate very high and competitive in the market, the attribute owner association that is the home owners make some rules and signposts which must be abided to by the homeowners. Here atomic number 18 some rules; fixity secure must be maintained because of little kids performing on the streets.

A visitor must throw a doorway pass coming in and out or else you are not coming inside the estate, no littering round in the estate. The gardens and grasses must be well manicured. There are rule of thumbs like all roofs h ouses must have a 9metre watch choke from ! the road, in the estate all homes must have alike(p) coffee roof for uniformity. All these attract prospective secureers to defile a quality in the estate. The tradeoff is that the owner of station can still do whatever they want with their property but still have to follow the certain guideline of the estate. So the individual has to sustain the community worthy. Efforts by individuals to maximise their own discharge benefit can maximize shed light on benefit for the economy as a whole. The allocation of resources is...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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