What is a deed restriction?
A deed restriction places limits on the uses and conveyance of land. The National Oil and Hazardous Substances Pollution Contingency Plan (NCP) and some state voluntary cleanup programs (VCPs) use the term “deed restriction” generally to include traditional proprietary controls, such as restrictive covenants and easements. Although deed restrictions operate like traditional property law devices, the term “deed restriction” has no clear meaning in traditional property law.
It is a part of the Covenants and Restrictions that you agreed to when you bought your home. Through this document, you agreed to certain standards of maintenance, upkeep and behavior in order to make our community as attractive and peaceful as possible for yourself and your neighbors, and to enhance and preserve your property values.
Condo Documents and Declarations of Covenants, Conditions and Restrictions are examples of deed restrictions. By accepting title to a property in a deed restricted community one becomes obligated to the deed restriction. Through these documents, owners agree to pay an assessment and adhere to certain standards of maintenance, upkeep and behavior that have been established. The goal of these restrictions is to keep the community attractive and to enhance property values.
It is part of the Declaration of Covenants, Conditions and Restrictions (or Declaration of Condominium) that you agreed to when you bought your home. Through this document, you agreed to certain standards of maintenance, upkeep and behavior in order to make the community as attractive as possible for yourself and your neighbors, and to maintain or enhance your property values.