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Caution: Restrictive Covenants Can Be Costly

Posted by Bonnie Martin Designated Broker on Monday, September 1st, 2014 at 9:36pm. - When buying a home, it’s important to be aware of restrictive covenants, the legally-binding deed requirements that “run with the land” and dictate what you are allowed to do—or are restricted from doing—on your potential property.

Understanding Covenants

Covenants are common in many parts of the country, particularly in planned community developments managed by a homeowners association (HOA).

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