Real Estate/Development
Nov. 1, 2018
No fundamental right to a view
In most cases, a property owner’s view is not protected and, accordingly, buyers unwittingly pay a hefty surcharge for something that can be taken away without recourse.
Georgia Z. Schneider
Ponist Law GroupEmail: gschneider@ponistlaw.com
Georgia practices real estate and business litigation.
"Panoramic view," "expansive view," "scenic view" -- these are all common descriptions used to market highly coveted view property. A great view can substantially increase the desirability and value of a property, with view properties often selling for hundreds of thousands of dollars more than neighboring properties of comparable square footage without views. Developers also routinely charge substantially more for premium lots with views in new developments. In most ...
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