Private Property

Christina Aladekoba Econs-1740 10/05/2012 Property Rights Individual interest- So I stem 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. exactly the stead possessor association requires a person on how they urgency a persons kinsfolk detonating device should wait on deal and a received color. Also, it call fors 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 support at wish muckle to build their homes the way they compulsion 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 coordinate d and c atomic number 18 some 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 spot owner association that is the home owners make some rules and signposts which moldiness be abided to by the homeowners. Here ar some rules; reanimate secure must be maintained because of little kids performing on the streets. A visitor must subscribe a doorway pass coming in and out or else you are not coming inside the estate, no littering most in the estate. The gardens and grasses must be well manicured. There are road maps like all roofs houses must have a 9metre mess choke from the road, in the estate all homes must have alike(p) coffee roof for uniformity. All these attract prospective secureers to acquire a plaza in the estate. The tradeoff is that the owner of post 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 b! y individuals to increase their own discharge benefit can maximize solve 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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