Definition
Deed restrictions are legal covenants in the deed limiting property use and running with the land, binding future owners.
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Deed restrictions control land use (prohibit commercial use, require setbacks, etc.). Some restrictions expire; others run forever. Must be honored or property value is compromised.
Pro Tip
Always review deed restrictions. They affect property use and development potential.
Example
A deed restriction prohibiting commercial development on a property, maintaining residential character.