THE BENEFIT AND BURDEN OF HISTORY
THE decision to buy an old or historic house used to be the beginning of a sentimental, rather than practical, odyssey. Buyers went ahead, regardless of the potential maintenance headaches, because they were captivated by the house's charm and by legends of generations past that seemed to permeate every creaky stair and beam. They did not expect any help with their problems, nor did they expect to have anyone tell them what they could or could not do to the house. Today, however, the purchase of such a house is becoming more and more like taking in trust a little bit of the national treasure. The house is now likely to be in an historic district, and buyers should be aware that such a designation is not simply honorific. It comes with legally binding restrictions and responsibilities in addition to very tangible benefits rarely available to owners of these properties before.