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A developer of a subdivision wants to preserve the open space and natural habitat that runs along the back portion

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A developer of a subdivision wants to preserve the open space and natural habitat that runs along the back portion of a series of large lots in the proposed subdivision. He is debating whether to use restrictive covenants to accomplish this or to create a habitat easement on the same space. What are the pros and cons of each choice?

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A developer may choose to use restrictive covenants to limit the use of the land for environmental p…View the full answer


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Economics

Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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Question Posted: February 16, 2017 09:12:22
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