[Info-vax] Completely OT: Frank Lloyd Wright

David Froble davef at tsoft-inc.com
Wed Oct 24 21:09:06 EDT 2012


glen herrmannsfeldt wrote:
> David Froble <davef at tsoft-inc.com> wrote:
>> Bob Koehler wrote:
>>> In article <k69064$3rp$1 at dont-email.me>, David Froble <davef at tsoft-inc.com> writes:
>>>> Dirk Munk wrote:
>>>>> I explained to Bill that owning a building does not mean that you have 
>>>>> absolute control over it.
> 
>>>> And Bill, and I, do not agree with that claim.
> 
> I am pretty sure that anywhere in the US, and likely most other
> countries, you can't start building nuclear weapons on your
> property. So, there is at least one thing you don't control.

I doubt that is a property issue  :-)

>>>    But the law does agree with that claim.
> 
>> But usually only in special circumstances, and I think most will agree 
>> that there can be special circumstances.  Even then, fair compensation 
>> should apply.
> 
> Two examples that I know about. In one, a hospital wanted to expand,
> and the easiest place was into a condominium development. They got
> together with the homeowners association and agreed to buy all the
> units for something like twice, maybe more, market value. There are
> enough comparable properties that it isn't hard to figure out what
> market value is. It would have been much more complicated to buy 
> each one separately, and very inconvenient to have bought all but
> one.

I had some private corespondence about this and one issue was about the 
person that learns a road is going through and demands 10 x the property 
value.  I think my response to that was one solution:

--------------------

 > The point about the one landowner who finds out about a road being built
 > and decides that his lot is worth 10+ times what it was a month before he
 > found out is a real problem, though.

Did I ever tell you that I'm a problem solver?

Plan the road, and set up purchase agreements, but don't purchase 
anything until all agreements are in place.  If someone wants too much, 
then cancel the road, but report all demands to the county assessment 
board.  Let the property owner(s) pay taxes on what they think their 
land is worth.

:-)

Build the road a year or 2 down the road.

:-)

--------------------

> In another case, a shopping complex was being built, and so bought
> out the houses in the block, except for one. The last owner, an old
> lady with no heirs to inherit, wouldn't sell, even for $1 million.
> She knew she wouldn't live much longer, and didn't care about
> the money. They built the center around the house.
> 
> http://en.wikipedia.org/wiki/Edith_Macefield
> 
> In the end, she willed the house to the developer.
> 
> -- glen
> 



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