Were you the first owner of your home?
El Paso, Texas
July 9, 2017 12:57pm CST
I've been going through old discussions when I came across one about the concept of the "grandfather clause" or something to that effect. What @freelanzer was writing about was how companies will change their benefit packages and how sometimes that has an adverse affect on existing employees. In my case I have a grandfather clause, so to speak, in the deed to my property because I bought it 20 years ago before new laws went into effect.
9 people like this
• United States
@rebelann Yes, our first home was my favorite. It was an older home in Oak Park, IL. We moved from there to a newer home, and that was a nice one. Then we moved to be closer to my parents and a better school district. We moved to the home we have now to downsize in the same town as home number 3. We did update all four, but I do hope this one is the last one. It is a ranch house which is just right for a retired couple with an empty nest.
• Portland, Connecticut
@rebelann We have a covenant in Florida and in CT and PA. we are not in subdivisions so I don't think there is anything much in our deeds. Though in PA. I am not allowed to have a well and the mineral rights belong to the people who sold the land originally.
• United States
Some homes we owned were brand new and others weren't. The home we are in now was built by the owner of a large lumber company for himself, and has the best of the best woodwork which is impossible to find in new homes now. We also put on a new addition. We love our home. It has five bedrooms! No grandfather clauses here.