Question: The Better Homes Housing Company have just completed the redevelopment of a large inner city estate in London. It is their intention to ensure that the entire estate should be for residential occupation only and they propose to impose restrictive covenants on all purchasers to ensure this. They also wish to impose an obligation on all purchasers to keep the properties in good repair, so as to preserve the character of the neighbourhood.
Advise them of the various methods by which this can be achieved, if at all.
Answer: This question requires consideration of the law relating to the transmissibility of covenants between freeholders. Obviously, if the Better Homes Housing Company had wished to retain the freehold of this large estate and lease out the properties to tenants on long leases, then the goals of ensuring only residential occupation and ensuring full repair of the properties could have been realised with relative ease under the law of leasehold covenants.......(short extract)
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Details: - Mark: 72% | Course: Land law | Year: 2nd/3rd | Words: 1656 | References: No | Date written: March, 2009 | Date submitted: April 15, 2009 | Coursework ID: 554