Law, 02.08.2019 17:10 bettybales1986
The estates is a suburb outside of los angeles. local zoning ordinances require that lots be “at least one acre in size”. al owns a one acre lot in the estates which has never been developed. he needs cash and wants to sell the property. al finds a potential buyer, who offers him $100,000 for the acre. but, he also finds a pair of interested buyers who each offer him $75,000 for half of his acre. al is furious that he cannot divide his acre and sell it to two buyers. “i need that extra $50,000,” he rants. “it’s my land, and i should be able to do what i want with it! ” do you sympathize with al, or do you think the zoning restriction is reasonable?
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The estates is a suburb outside of los angeles. local zoning ordinances require that lots be “at lea...
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