But when that regulation was installed, Tribune Co.
#Grandfather clause law on property tv
For example, when Rupert Murdoch, then-owner of the Sun-Times, purchased a TV station in Chicago, the Federal Communications Commission notified him that he couldn`t continue to own both, because of an FCC regulation. A grandfather clause, says Turano, ''permits people to violate either zoning or building law requirements, if they were permissible at the time when the property was acquired and if the property was acquired for that particular purpose.'' More simply, the clause states that people who were operating under the old rules may continue to do so only newcomers have to operate under the new rules. Legislative bodies often take such assumptions into consideration, says Jake Turano, vice president and legislative counsel of Chicago Title and Trust Co., and so often include in new legislation a ''grandfather clause'' (which has nothing to do with the fact that your grandfather originally purchased the land). You could argue, therefore, that when your grandfather bought the property, he did so with a reliance on the then-current law and had every reason to expect that the property would remain buildable.
I`m going to assume that your grandfather was a relatively astute fellow, and that when he bought the property in question it was buildable as far as the zoning laws of the time went.
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