Property Ownership
A deed restriction (restrictive covenant) is an example of a:
AGovernment limitation on property use
BPrivate limitation on property use created by deed or plat✓ Correct
CLender limitation on property transfer
DZoning requirement imposed by a municipality
Explanation
Deed restrictions are private limitations on property use created by a grantor in a deed or by a subdivision developer in the plat. They run with the land and are enforceable by neighboring property owners.
Related Arkansas Property Ownership Questions
- Which type of deed is most commonly used to transfer residential real estate between buyer and seller in Arkansas?
- The doctrine of prior appropriation for water rights (used in western states) means:
- A license is different from an easement because a license is:
- A mortgage lien is what type of lien?
- A property owner's right to build a fence on the boundary of their property is limited by all of the following EXCEPT:
- The government power of eminent domain allows the government to:
- Which type of deed provides the GREATEST protection to the grantee (buyer)?
- A quitclaim deed conveys:
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