deed restriction


Also found in: Encyclopedia.

deed restriction

A provision placed in a deed restricting or limiting the use of the property in some manner. It may include subdivision or similar restrictions common to many properties in the neighborhood, or it may be something personal to the grantor such as a requirement that the purchaser resell to the seller before offering to anyone else.

References in periodicals archive ?
Loch Alpine was created in 1929 with deed restrictions on lots 465 through 470 designated as recreation lots for a golf course that would become Ann Arbor Country Club.
And they are comparing the case to the Rivington House scandal which saw one buyer flip the former Lower East Side nursing home for a nearly $ 1 million profit after paying to have a deed restriction lifted.
who sought to enforce an eighty-year-old deed restriction barring the
Another important component of VCPs, not regularly addressed in empirical studies, is the use of deed restrictions to inform potential purchasers of any limitations on site use due to past contamination.
Violation of the 1973 deed restrictions, which, according to Crescent, do not allow the use to which Lakewood Church intends to put the properly.
The current tax break hinges on a deed restriction that lasts through to 2011.
"For example," Burlingham explained, "if Amoco proposes to clean up a site in a way that will leave contaminated groundwater in place, in order to get a sign-off from the IEPA, the landowner will have to agree to a deed restriction that says that nobody can ever drink the groundwater.
Nine days later, the residents became aware of a Texas law stating that group homes could not be excluded based on a deed restriction for single-family homes.
"Other models, such as deed restriction, attempt to place limits on the owners' equity while using a system of title that gives the buyer full ownership.
A federal deed restriction established as part of the 2003 transfer of the Island to New York precludes any full-time residential uses on the Island.
The legislation will remove that deed restriction so that the city and the airport can move forward with the development of the land to attract new businesses and create new economic opportunities.
In addition, local officials want reassurance that the deed restriction doesn't prohibit siting the new City Hall on the "butterfly" lot.