Private Controls Flashcards
1
Q
“conditions” refers to:
A
The status of property, such as current structures ad how the property is sustained.
2
Q
Convenants are:
A
simply defined as a promise to uphold a requested action or use. Covenants are often added to deed ownerships to restrict actions take against the property, such as physical changes or structure formations.
3
Q
What is a HA?
A
A homeowner’s association is a corporation or private party formed by a real estate developer and is designed to mark, manage or sell homes in a specific subdivision area. This is a form of private control because individuals that live in these divisions are often restricted on what they can do with their property, such as modifications, buildings add-ons or even minor home improvements.
