Deed restrictions (restrictive covenants) are best described as:
Correct Answer
B) Private limitations on land use imposed by a grantor
Deed restrictions, also called restrictive covenants, are private limitations on land use created by a grantor and recorded in the deed. They run with the land, meaning they bind all future owners of the property, not just the original buyer. In Delaware, deed restrictions are enforceable by other property owners in the same subdivision and remain in effect until they expire by their own terms or are released. They are distinct from public zoning regulations, which are government-imposed controls on land use.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.
Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.
Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.
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