WHEREAS
American Acres, Inc., a Minnesota corporation,
is the owner of all the land as described on
this website (an acre of land, more or less,
in each of the 50 states of the United States),
and is desirous of “subdividing”
these parcels into one square inch lots and
issuing “State Deeds” and “Fifty
State Deeds” (aka “Deeds to the
United States”) and
WHEREAS
American Acres, Inc. has received "No Action"
letters from the United States Securities and
Exchange Commission (SEC) and the New York State
Department of Law acknowledging that the issuance
and/or sale of these deeds does not constitute
the sale of a security and that these deeds
will be issued for novelty purposes only, not
as an investment and that all land titles are
insured by Chicago Title and Insurance. NOW,
THEREFORE; American Acres, Inc., establishes
the following covenants, restrictions, limitations,
and reservations upon each of the parcels and
on the ownership, use and occupancy there of:
1. The Owner shall not make any improvements
to or develop the parcels.
2. Owner shall not occupy the parcels.
3. Owner grants rights of ingress and egress
over the parcels.
4. The deeds cannot be sold by the owner for
a profit and owner shall not receive any income
or derive any other financial benefits whatsoever
from the parcels or any or all portions of the
Property.
5. American Acres, Inc. is the managing agent
of the property and will be responsible for
all real estate taxes on the property and for
complying with any and all local regulations.
6. The number of Deeds issued by American Acres
Inc. will not exceed the number of square inches
in the property.
7. This is a “non-recordable” deed
although ownership records are being maintained
by American Acres, Inc.
8. American Acres, Inc. will not develop or
improve the land, except possibly with state
or local government approval to enhance or beautify
the property for public use and enjoyment.
Click
Here To Claim Your Land
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