Land Use Controls RegulationsDeed_restrictions_HOA_CCRsEASY
What does the term 'covenants, conditions, and restrictions' (CC&Rs) refer to in real estate?
Correct Answer
A) Private rules and limitations recorded against properties in a subdivision or planned community that bind all owners
CC&Rs are private rules, restrictions, and obligations placed on properties within a development or subdivision. They are recorded in the public records and run with the land, binding all current and future owners.
Answer Options
A
Private rules and limitations recorded against properties in a subdivision or planned community that bind all ownersB
Government zoning ordinances that apply to all properties in a jurisdictionC
Federal building codes that regulate construction standardsD
Temporary agreements between a buyer and seller during a real estate transactionWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
CCRscovenantsdeed_restrictionsdefinitionland_use_controls
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More Land Use Controls Regulations Questions
Zoning ordinance compliance is monitored through:
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- → A homeowner in an HOA community wants to install solar panels on her roof. The CC&Rs do not address solar panels. The HOA's architectural review board denies the request, citing aesthetic concerns. In many jurisdictions, how do solar access laws affect this dispute?
- → In a planned community, what is the primary role of the homeowners' association (HOA)?
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- → A homeowner fails to pay HOA assessments for two years. The HOA records a lien against the property and initiates foreclosure proceedings. What type of lien does the HOA hold?
- → What does it mean when a deed restriction is said to 'run with the land'?
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- → A real estate agent is explaining deed restrictions to a buyer. All of the following are common types of deed restrictions found in residential subdivisions EXCEPT.