Quote:
Originally Posted by gmw
I'm not clear on legal or philosophical definitions of ownership. This is Wikipedia's article on the subject of Fee tail (Entail). Notice that it speaks about not even being able to use the property for security on a loan.
But legal niceties aside, the original point still stands. A property subject to entail was not purchased (was not sold to the ostensible owner suffering under the entail), it was inherited, so the question of being able re-sell it isn't applicable. Which still leaves us looking for an example of where you can purchase a property and not be entitled to sell it again. |
I think Ferrari had those restrictions for a while, you were not allow to resell their cars for 2 years. Due to long delivery times the buyers could have resold them for more than double the regular price. In business there are many restrictions on who you can sell to --- many products are limited for sale to US customers only. I am not sure if those restrictions could be enforced legally or just by the threat of cutting off future supplies.
An example with obvious legal implication are antiques of dubious origins. The were perfectly legal to buy for many years, but now they can't be sold, even if there is no proof that they were looted or stolen.