Restrictive covenants are also called:
Correct Answer
C) CC&Rs
Restrictive covenants are private limits on land use, created by a developer or by owners and recorded in the land records so they run with the land against later owners. In a subdivision or common-interest development they are gathered into a declaration of covenants, conditions, and restrictions, shortened in practice to CC&Rs. Enforcement is private, by the association or by a neighbor, which is what separates them from public land-use controls.
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Related Concepts
Joint tenancy is a form of co-ownership in which two or more persons hold equal, undivided interests in property with the right of survivorship. When one joint tenant dies, their interest automatically passes to the surviving joint tenants.
A leasehold estate grants the right to possess and use property for a defined period of time, without conferring ownership.
A life estate is a freehold estate that grants ownership rights for the duration of someone's life.
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