covenants are binding obligations not to do something with your property. These
restrictions on real property are normally contained in a deed.
covenants originated to keep industry out of residential areas. To this
day, homeowners’ associations use deed restrictions in order to make
condo owners adhere to established aesthetics or the property’s historical
also been used as grotesque tools of discrimination.
Continue reading “Is a Hurtful Deed Restriction Lurking in Your Deed?”
For most people, buying a piece of land is a simple
proposition: pay the money, file the deed, and the property is yours. Deed
restrictions, though, make it clear that the world of real estate transactions
is rarely so simple. Simply put, deed restrictions limit what you can and can’t
do with your home. A common tool for homeowners associations to maintain
uniformity in the neighborhood, deed restrictions can be added by parties such
as the builder or developer, the homeowners association, or even a previous
owner. Once a deed restriction is put in place, it can be very difficult to
have it removed, and in many cases removal may be impossible.
Continue reading “What are Deed Restrictions?”