What effect does a deed restriction have on property?

A deed restriction serves as a limitation on the use of property, and this aligns directly with the concept of limiting the type of developments allowed. Deed restrictions are often put in place to control various aspects of how a property can be used or developed, such as the types of structures that can be built, the purposes the property can serve, or specific aesthetic standards that must be followed.

These restrictions are typically established by the original property owner or developer and are aimed at maintaining a certain character or standard within a neighborhood or community. For instance, a restriction might prohibit commercial activities in a residential area or limit building height to preserve views.

Understanding deed restrictions is crucial in real estate practice as they can significantly influence property value and the rights of property owners. Each restriction is legally enforceable, and potential buyers should be aware of these limitations prior to purchasing a property to ensure their intended use aligns with the established restrictions.