Land that is gifted - conveyed will have qualifying restrictions printed upon the contract. Think of Bowman Park in Wisconsin Dells. In the original contract the Bowman Park property must be used as a public park. If the City attempts to use the land for something other than a public park - the property reverts back to the Bowman Family Heirs.
This assures those donating the gift that the land will be used in a way they are intending. These restrictions limit utilization and extend contractual control in to the future of the Wisconsin Dells students. It will be beneficial for the greater Wisconsin Dells community to understand how qualifications listed upon the contract to convey the gift of land will limit future use.
Sunday, October 21, 2018
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment