What are 'deed restrictions'?

Deed restrictions are specific limitations or requirements that are included in the property's deed and dictate how the property can be used. These restrictions are put in place to maintain the character of a neighborhood or to ensure that the property is used in a manner that aligns with the intentions of the original property owner or the community's standards. They can specify things such as the types of structures that can be built, the use of the land (e.g., residential vs. commercial), or even aesthetic guidelines like color schemes and landscaping.

This clarity on how properties can be utilized can be crucial for potential buyers or neighbors, as it informs them about what is permissible and helps to prevent uses that might be undesirable or disruptive to the community. It reflects a proactive approach to property management and community planning, ultimately supporting the value and livability of the area.

Other options discuss concepts that do not pertain to the specific limitations placed on property use. For example, property tax assessment concerns financial obligations rather than property usage; legal obligations related to appraisal deal with the valuation of properties; and provisions for tenant rights during leasing pertain to rental agreements, not directly to the ownership or usage terms of a piece of property.