Deed Restricted Property Clause Samples
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Deed Restricted Property. Any property in unincorporated San ▇▇▇▇▇▇ County that is subject either to the Original Deed Restriction, or to a real covenant, equitable servitude, or other agreement in favor of the County, and restricting the ownership, use and occupancy of such property to persons who satisfy certain requirements, terms, and/or qualifications.
Deed Restricted Property. Buyer’s approval of Deed Restrictions on the property is a due diligence item under Section 8.1 (a). The Deed Restriction, which is recorded against the property, limits future sales price, how the unit can be occupied, and to whom the unit may be sold.