What does a restrictive covenant typically apply to?

A restrictive covenant typically applies to property deeds and usage regulations. These covenants are legal promises written into property deeds, specifying certain actions that property owners must or must not take regarding the use of their property. They are designed to maintain a particular character or standard within a neighborhood or development. For instance, a restrictive covenant may prohibit certain types of businesses in a residential area or dictate the types of structures that can be built on the property.

This option encapsulates the core purpose of restrictive covenants, which is to ensure adherence to specific rules and guidelines that maximize property values and maintain the intended use of a community. Understanding the context and role of restrictive covenants is crucial for those involved in real estate transactions and property management.