Depends on situation, really. If you recreate, and immediately go out of your way to attack the city, kill the new owner, and forcibly take the facilities, chances are you're going to be in trouble.
If you go to war with someone over something that comes up later IC, and part of their territory happens to be that city, you should be okay.
The difference is if you do it deliberately and specifically, or if it just works out that way.
If you end up buying a YT-1300 that your previous character owned 6 months ago, that's gone through 5 changes of ownership in the mean time, has a different name, a new custom picture, and you paid fair market price for, you're pretty much guaranteed to get away with it, since you couldn't reasonably have known you used to own it, or gone looking for it.
"May the Grace of Ara go with you, and His Vengeance be wrought upon your enemies."
Since I can't find the other thread answering my question (I'm pretty sure there was one but I never paid attention to it) you mentioned buying back a ship from a former life that has one through a few owners, what about buying items back that had significance to your past character and will have significance to your next character? like an NPC or a ship? like say Character A dies and Character B (Recreation of the OOC person who played character A) is A's son and he wants to buy a specific ship back that was owned by his father A, is that against the rules? as long as you pay market value or more on it?
Surely if I owned say... a faction, which was released to the market, and my next char was rich, and saw that same faction for sale, I dont think that could violate the rules. So long as a reasonable amount of time passed, and the deal was fair. Correct?