Ch 37 Covenants, Conditions And Restrictions CC&Rs Flashcards

1
Q

Covenants, conditions and restrictions (CC&Rs)

A

Recorded restrictions against the title to real estate prohibiting or limiting Specified uses of the property.

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2
Q

Affirmative covenant

A

A recorded restriction limiting the use of a property to a specific purpose.

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3
Q

Negative covenant

A

A recorded restriction prohibiting identified uses of a property.

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4
Q

Preliminary title report PRELIM

A

A Prelim Discloses the results of the title companies search of the properties title history.

It functions with a very limited purpose of the title companies revocable offered to issue a title policy.

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5
Q

Personal covenant

A

The restriction is only enforceable as long as her original buyer holds title.

The restriction against use is a personal promise, it does not run with the land and cannot be imposed on the developer who acquired title.

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6
Q

Running with the land

A

Restrictions that affect title and future owner. To directly benefit one lot/property.

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