Private Property

Christina Aladekoba Econs-1740 10/05/2012 Property Rights Individual interest- So I book 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. just the stead possessor association requires a person on how they urgency a persons kinsfolk roof should wait on deal and a certain(prenominal) color. Also, it indispensablenesss 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 stand up at lack muckle to build their homes the way they essential 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 coordi nated and c atomic number 18 slightly 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 quality owner association that is the home owners make some rules and signposts which essential be abided to by the homeowners. Here atomic number 18 some rules; run secure must be maintained because of little kids compete on the streets.

A visitor must give a doorway pass coming in and out or else you are not coming inside the estate, no littering around in the estate. The gardens and grasses must be well manicured. There are guideposts like all roofs houses must have a 9metre curing ! choke from the road, in the estate all homes must have alike(p) coffee roof for uniformity. All these attract prospective secureers to demoralise a topographic point in the estate. The tradeoff is that the owner of airplane propeller 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 authorise 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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