Friday, June 25, 2010

Contracts


Contracts:  We are looking at our constitutional right to protection of property.  There are exceptions.  The seventh exception found in the 1982 Constitution of Anguilla has to deal with property being confiscated in contracts.   
      The Constitution says that any taking of possession, or acquisition of someone's property as part the agreement for a lease, tenancy, licence, mortgage, charge, bill of sale, pledge, or contract, is legal.  Basically, this can be understood as saying that if I have agreed to lose my property if I break a contract, then I cannot complain when this happens. 

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