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by lesterbuck
4379 days ago
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>A contract is an agreement between two private individuals. If one of those individuals believes that the terms of the contract are antiquated and thus cannot honestly provide an assurance of honoring them, that person is ethically bound not to execute the contract. All the Latin in the world doesn't get you around that. That is really a very simplistic view of the real world of real estate. For example, in 1983 when I bought a Houston house, I read every scrap of paper involved in the transaction. (Title company closers call us "readers.") The faded Nth generation copy of the deed restrictions ("an agreement between two private individuals") had horrific language about not allowing those of other than the white race to live in the property (unless in servants quarters). By that time, that language had been neutralized by the Supreme Court, but there was a good period of time where it had legal force but had to be ignored by those of good conscience. George W. Bush got the one news cycle treatment about that as the same language was in the deed restrictions he signed, as well as in many subdivisions from that era. That language carries on in the record forever. |
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