Restrictive Covenants
Restrictive covenants are legal agreements or clauses placed in a property deed or contract that limit how the property can be used. Common in real estate, they can prohibit activities like building specific structures, operating certain businesses, or altering property features. These restrictions aim to maintain a certain standard or character within a community or neighborhood. For example, a covenant might prevent homeowners from painting their houses bright colors or installing fences that exceed a certain height. Violating these covenants can lead to legal disputes or fines.
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Restrictive covenants are specific clauses or agreements in contracts that limit how individuals or organizations can use their property or conduct business. They are often included in property deeds or lease agreements to maintain certain standards or characteristics in a neighborhood, such as prohibiting commercial activities in residential areas or restricting the types of buildings that can be constructed. These covenants aim to protect property values, ensure community aesthetics, or uphold certain rights among property owners. Violating a restrictive covenant can lead to legal consequences or disputes among affected parties.