Property Ownership

Vermont's 'deed restriction' (restrictive covenant) may limit a property owner from:

ARefinancing their mortgage
BUsing the property in ways prohibited by the restriction, such as operating a business or subdividing✓ Correct
CSelling to any buyer they choose
DFiling for property tax exemptions

Explanation

Deed restrictions are private covenants that restrict the use of property. Common restrictions include prohibitions on commercial use, subdivision, or specific construction. Violations may allow the beneficiary of the restriction to seek injunctive relief.

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