(6) Types Of Private Deed Restrictions

Question 1

Written promises, agreeing to a performance or a non-performance of certain acts. When breached, a dollar amount will be paid for the damages

Answer 1

Covenant

Question 2

A restriction where when breached, grantor may declare forfeiture and bring a suit of repossession

Answer 2

Conditions (reverter)

Question 3

When the title is marked unmarketable if not disclosed to prospective buyer, which makes ownership incomplete. Unmarketable title could be transferable, but undisclosed defects run along with title, restricting the ownership thereof

Answer 3

Affirmative Covenants (“run with the land”)

Question 4

A plan setting forth development of a subdivision

Answer 4

General Plan