Property Ownership
A Massachusetts developer records a 'declaration of restrictions' for a new subdivision. These restrictions are binding on all lot buyers because they:
AAre recorded by the government
BRun with the land and bind all future owners as notice is given through recording✓ Correct
CAre personally agreed to only by the initial buyers
DAre enforced only by the homeowners association
Explanation
Recorded subdivision restrictions run with the land and bind all current and future lot owners who take with notice of the restrictions (constructive notice through recording at the Registry of Deeds).
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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