Property Ownership

A deed restriction (restrictive covenant) in Wyoming running with the land means:

AThe restriction applies only to the current owner

BThe restriction binds all future owners of the property✓ Correct

CThe restriction can be removed by any subsequent buyer

DThe restriction applies only to commercial properties

Explanation

A restrictive covenant that 'runs with the land' is binding on all subsequent owners of the burdened property. Common examples include restrictions on property use, building setbacks, or architectural standards in planned communities.

People Also Study

Key Terms to Know

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

Joint Tenancy

Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.

Tenancy in Common

Co-ownership where two or more people hold undivided interests that need not be equal and pass to each owner's heirs — no right of survivorship.

Easement

A non-possessory right to use another person's land for a specific purpose.