In a licensing seminar in Gilbert, a buyer does not review the title report or community documents and later complains about use restrictions that were disclosed there. What is the most accurate response?
Correct Answer
B) Arizona buyers should review title and community documents because use limitations may appear there even when they are not obvious from a drive-by
Under ADRE Buyer Advisory; Arizona transaction practice, Arizona buyers should review title and community documents because use limitations may appear there even when they are not obvious from a drive-by.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A planned unit development (PUD) is a zoning classification that allows mixed land uses (residential, commercial, recreational) within a single development with flexible zoning standards. Homeowners typically own their lot and share common areas.
Police power is the government's authority to enact laws and regulations to protect the public health, safety, morals, and general welfare. It is the broadest power government has over private property.
Restrictive covenants, also known as CC&Rs (Covenants, Conditions & Restrictions), are private agreements written into deeds or HOA documents that limit how property can be used. They are enforced by property owners, not the government.
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