WanderingHuman 🇨🇦#Edmonton's new zoning bylaw has resulted in a significant increase in higher (eg, mid-) density developments going up in older mostly single-family home neighbourhoods. Some communities have been organizing to have residents sign restrictive covenants on their homes, to prevent them from being turned into multi-family units. Having studied RCs in law school, and during my first year of practice, I am intensely curious to see how this plays out long term. #yeg #LawFedi #lawnerd
dragonfrog@ECityMom they're going to be disappointed when it's time to sell their house and they find out how far below comparable houses on the market it goes for...
@dragonfrog Right?? It doesn't seem like rocket science to me, and yet...
Daveography 🇨🇦
Yeah a bunch of households in Capilano & Gold Bar did this back when lot splitting became easier to do, too.
I commented at the time that when they die it's basically their offspring who will get screwed over when they have to sell the house.
Restrictive covenants are some of the weirdest legal fuckery I've ever heard of and I don't understand how they can continue to be upheld.
@Daveography @dragonfrog As far as I'm aware, the only way to do away with them would be to legislate them out of existence, but it's a pretty low political priority, and would likely be a stinkbomb that no one wants to touch. There would likely also be some ramifications in terms of, eg, would RC holders have to be compensated?
I agree, it's one of the weirdest legal concepts I've encountered.
I agree, it's one of the weirdest legal concepts I've encountered.