To begin, place the board on a table with the chance and community chest cars face-down in their respective spaces. Each playerchooses a token to represent themselves on the board. If you have mortgaged property you also turn this property over to your creditor but the new owner must at once pay the Bank the amount of interest on the loan, which is 10% of the value of the property. The new owner who does this may eitherpay hold the propertythen lift the mortgage at a later turn or pay the principal. If they choose to holdproperty and wait until a later turn, they must pay interest again upon lifting the mortgage. After aplayer procuresall the properties in a color-group they may buy houses from the Bank and erect them on those properties.

No rent can be collected on mortgaged properties or utilities, but rent can be collected on unmortgaged properties in the same group.However, if the property is mortgaged, no rent shall be collected. This is indicated by the player who is mortgaging the property placing the Title Deed face down in front of them. It is an advantage to own all the properties within a color group because theowner may charge double rent for unimproved properties in that color-group. Even if a property in that color group is mortgaged, this rule canapply to the un-mortgaged properties. Every player has the chance to bid including the player who declined to buy the property initially. Bidding may start at any price. PAYING RENT The earliest known version of Monopoly, dubbedThe Landlord’s Game, was designed by American Elizabeth Magie. It was first patented in 1904 but existed at least 2 years prior. Magie, who was a follower of Henry George, an American political economist, initially aimed forThe Landlord’s Game to illustrate the fiscalconsequences of Ricardo’s Law of Economic rent as well as Georgist concepts of economic privilege including land value taxation.

Any player, including the one who declined the option to buy it at the printed price, may bid. Bidding may start at any price. Following the above rules, you may buy and erect at any time as many houses as your judgement and financial standing will allow. But you must build evenly, i.e., you cannot erect more than one house on any one property of any colour-group until you have built one house on every property of that group. You may then begin on the second row of houses, and so on, up to a limit of four houses to a property. For example, you cannot build three Houses on one property if you have only one house on another property of that group. END OF GAME. The first player to go bankrupt retires from play, as in the regular game. However, when the second bankruptcy occurs, the game ends. Play immediately ceases, with the bankrupt player's turning over to their creditor all that they have of value, including buildings and any other properties.

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Starting with the Banker, each player in turn throws the dice. The player with the highest total starts the play. Place your token on the corner marked "GO", then throw the dice and move your token (in the direction of the arrow) the number of spaces indicated by the dice. The new owner who does this may then, at their option, pay the principal or hold the property until some later turn, then lift the mortgage. If they hold property in this way until a later turn, they must pay the interest again upon lifting the mortgage. When a player has four houses on each property of a complete colour-group, they may buy a hotel from the Bank and erect it on any property of the colour-group. They return the four houses from that property to the Bank and pay the price for the hotel as shown on the Title Deed card. Only one hotel may be erected on any one property.

To start the game, beginning with the banker, each player takes turns rolling the dice. The player who gets the highest total starts the game. The player places their token on thecorner marked“go”, then throws the dice. The dice will be the indicator how many spacesto move their token in the direction of the arrow on the board.After the player completes the play, the turn movesto the left. The tokens remain on the spaces occupied and proceed from that point on the player’s next turn. Two tokens may occupy the same space at a single time. If you are in debt to the Bank for more than you are able to pay, you must turn over all assets to the bank. The bank then auctions off all the property (except buildings). Bankrupt players must immediately retire from the game. The winner is the last player left. VARIATION The object of the g ame is to become the wealthiest player through buying, renting and selling of property. If you owe more than you can pay another player or the Bank, you are bankrupt. If you’re in debt toanother player, you must turn over all your moneys and propertiesand leave the game. Duringthis settlement, if anyhouses or hotels are owned, you must return these to the Bank in exchange for money equal toone-half the amount paid for them. This cash is given to the creditor. Mortgaged properties can also be turned over to the creditor, but the new owner must pay 10% interest to the bank. If you buy one house, you can place it on any one of those properties. The following house bought must be placed on an unimproved property or on any other color complete property you own.The price you must pay the Bank for each house is listedon theTitle Deed card for the property.In complete color-groups, owners earn double rent even on unimproved properties.Aftera player reaches four houses on each property of a complete color-group, they canbuy a hotel from the Bank and erect it on any property within thecolor-group. They return the four houses from that property to the Bank and pay the price for the hotel as shown on the Title Deed card.One hotel limit per property. SELL PROPERTY The launching of the bid with a mysterious press conference - details of which were deliberately leaked before it took place. When aplayer lands on the property that is already owned by another player, the player who ownscollectsrent from the other player in accordance with the list printed on its corresponding Title Deed card.

Money can be loaned to a player only by the Bank and then only by mortgaging property. No player may borrow from or lend money to another player. The news stunned and saddened supporters of the famous Edinburgh club who gathered in increasing numbers during the day outside Easter Road. Bill Alcorn, general secretary of Hibs Supporters' Association, said: "We'll do everything we can to prevent our club going under.I hope Wallace has the good grace to realise that his bid is not what Hibs want, not what Hearts want and not what Edinburgh wants."