Search results
Results from the WOW.Com Content Network
In property law, land-related covenants are called "real covenants", " covenants, conditions and restrictions " (CCRs) or "deed restrictions" and are a major form of covenant, typically imposing restrictions on how the land may be used (negative covenants) or requiring a certain continuing action (affirmative covenant).
A deed is a legal document that is signed and delivered, especially concerning the ownership of property or legal rights. Specifically, in common law, a deed is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed.
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
A property qualification originally barred most commoners from voting or standing for election to the House of Commons of England and Wales (after 1707, of the Kingdom of Great Britain and, after 1801, of the United Kingdom of Great Britain and Ireland).
In the case of real estate, the legal instrument used to transfer title from one person or entity to another is via the deed. A famous rule is that a thief cannot convey good title, so title searches are routine (or highly recommended) for purchases of many types of expensive property (especially real estate).
Apr. 17—TRAVERSE CITY — Deed restrictions that are good for 99 years could be a way to increase year-round housing in a community by preventing them from becoming short-term rentals. With a ...
However, many age-restricted communities have circumvented this issue by allowing the survivor to maintain residency as noted in the deed restrictions. [citation needed] Another common problem arises when a change in the family situation renders a grandparent responsible for a grandchild.
In Florida, state law prohibits covenants and deed restrictions from prohibiting "Florida-Friendly Landscaping," [70] a type of xeriscaping. In spite of the law, at least one homeowner has faced harassment and threat of fines from an HOA for having insufficient grass after landscaping his yard to reduce water usage. [71]