Real Estate term: Deed Restrictions

Definition: The limitations in the deed to a property that dictate specific ways that a property must or must not be used.

Discussion: Deed restrictions are similar to covenants in that they are rules of what can and cannot be done on the property. They run with the land no matter who owns the property. Typical restrictions may include "no manufactured homes" or "land may not be divided into less than 5 acres parcels."

The Seller's Realtor should have a copy of the restrictions available for a potential Buyer. Occasionally a deed restriction is not known about until a title search is performed. So this can become an issue depending on what the Buyer wants to use the property for.

Today's Saying: We're fools whether we dance or not, so we might as well dance. ~Japanese Proverb

Linda Ferrara - Associate Broker

Coldwell Banker Enchantment Realty

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