Property OwnershipIntermediateColorado Exam

A deed covenant running with the land in Colorado means that the restriction:

AApplies only to the current owner and expires when the property is sold
BBinds future owners of the property as it transfers through titleCorrect
CMust be renewed every 10 years by the homeowners association
DIs enforceable only by the original grantor

Why Binds future owners of the property as it transfers through title Is Correct

Answer B: Binds future owners of the property as it transfers through title

A covenant running with the land is a restriction in a deed that transfers with the property to future owners. It is binding on all subsequent owners, not just the original buyer.

Exam Tip: Property Ownership

Property ownership questions test the bundle of rights and different forms of ownership. Know the differences between joint tenancy, tenancy in common, and community property, including the right of survivorship.

Key Property Ownership Terms in This Question

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