Property Ownership

A 'deed restriction' that requires a property to be used only for single-family residential purposes runs with the land, meaning:

AIt applies only to the current owner
BIt is binding on all current and future owners of the property✓ Correct
CIt expires after 50 years
DIt applies only to the specific deed it appears in

Explanation

Deed restrictions that run with the land are binding on all subsequent owners of the property, not just the original grantee who accepted the restriction.

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