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1998

Property Law and Real Estate

Washington Law Review

Articles 1 - 2 of 2

Full-Text Articles in Law

The Russian Title Registration System For Realty And Its Effect On Foreign Investors, Lev S. Batalov Oct 1998

The Russian Title Registration System For Realty And Its Effect On Foreign Investors, Lev S. Batalov

Washington Law Review

The recent privatization of real property is an important step in Russia's transition from a planned to market economy. This privatization creates opportunities for foreigners in the Russian realty market. However, foreigners are not likely to enter this market unless rights to immovable property are certain and secure. This Comment describes the new Russian immovable property Registration Law and argues that, despite its drawbacks, it creates a workable system that will provide certainty and security in rights to Russian immovable property. Furthermore, the Comment advises foreign investors on how to avoid potential problems the new law creates.


Riss V. Angel: Washington Remodels The Framework For Interpreting Restrictive Covenants, Casey J. Little Apr 1998

Riss V. Angel: Washington Remodels The Framework For Interpreting Restrictive Covenants, Casey J. Little

Washington Law Review

In Riss v. Angel, the Supreme Court of Washington declared that in disputes between subdivision homeowners, courts must construe restrictive covenants to give effect to the covenants' intended purposes by considering surrounding circumstances to protect the homeowners' collective interests. The court further held that when restrictive covenants grant discretion to architectural review committees (ARCs) to approve new construction or remodels, ARCs or other homeowners association committees that enforce such covenants must exercise their authority reasonably and in good faith. Riss represents a departure from prior precedent that required courts to construe strictly the terms of restrictive covenants to limit …