Covenants, conditions, and restrictions
Term · Law · MLC-T-LAW-001377
A set of rules governing the use and development of real property, typically found in the governing documents of homeowners' associations or planned communities. Covenants are promises to do or not do something, conditions are stipulations that affect ownership, and restrictions limit property use. These are legally binding on all property owners within the community.
| Identifier | MLC-T-LAW-001377 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001377",
"term": "Covenants, conditions, and restrictions",
"field": "Law",
"definition": "A set of rules governing the use and development of real property, typically found in the governing documents of homeowners' associations or planned communities. Covenants are promises to do or not do something, conditions are stipulations that affect ownership, and restrictions limit property use. These are legally binding on all property owners within the community.",
"url": "https://mlchart.com/terminology/law/covenants-conditions-and-restrictions/"
}
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