Property Ownership
A Vermont property has a 'restrictive covenant' that prohibits operating a business on the lot. This covenant:
AExpires after 10 years automatically
BRuns with the land and binds all future owners of the property✓ Correct
COnly applies to the original buyer who agreed to it
DCan be overridden by local zoning
Explanation
Restrictive covenants that 'run with the land' are recorded encumbrances that bind all subsequent owners of the property, not just the original buyer. They are enforceable by neighboring property owners who benefit from the restriction.
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