Category: Deed Restrictions
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Deed Restrictions: How They Impact Homeowners and Communities
Your home is your castle. But language in your deed just might keep you from installing a pool, constructing a basement apartment and renting it out, or using a non-neutral shade of paint on your exterior walls. Here is a brief explanation of deed restrictions and how they impact individual homeowners — and entire communities.
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Is a Hurtful Deed Restriction Lurking in Your Deed?
Restrictive covenants are binding obligations not to do something with your property. These restrictions on real property are normally contained in a deed. Restrictive 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 character. They…