Academic

Spiller v. Mackereth

By propertyprof

Users of the Dukeminier and Krier (and now Schill and Alexander) property casebook may recall the 1976 Alabama case of Spiller v. Mackereth, which dealt with relations between two co-tenants of a commerical real estate building in Tuscaloosa.   Now the Tuscaloosa News brings a story about a building once owned by Spiller that's probably going to be demolished.  As I recall, the Spiller-Mackereth building was next door to this one.   I don't have a picture of the other one, so this one will have to do. 

I might add that the story's a great one because it details the deliberations of the current owner (a church) about how they could make productive use of the property.  A long-term lease won't do for them, because it would tie up the property too long; a shorter lease won't give the prospsective tenants enough time to realize their investment in the property.  The church is concerned about treating the future generations fairly--a topic that I understand has been under discusiion a lot of late at GW and elsewhere.

Full post as published by The Faculty Lounge on December 21, 2008 (boomark / email).