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Legal Terms - building scheme
A parcel of land that is sold by a single seller in separate sections for the purpose of development, with each section being sold with comparable restrictions that are plainly meant to benefit the entire region. Restrictive covenants, such as those that prevent trade or excessive noise, are commonly enforced when selling plots on a housing estate. This is done to preserve the overall character of the community. The law grants the owner of any plot in a building scheme the authority to pursue such contractual obligations against any other plot owner, regardless of whether either party was originally involved in the agreement that established the obligations.
A parcel of land that is sold by a single seller in separate sections for the purpose of development, with each section being sold with comparable restrictions that are plainly meant to benefit the entire region. Restrictive covenants, such as those that prevent trade or excessive noise, are commonly enforced when selling plots on a housing estate. This is done to preserve the overall character of the community. The law grants the owner of any plot in a building scheme the authority to pursue such contractual obligations against any other plot owner, regardless of whether either party was originally involved in the agreement that established the obligations.
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