A restrictive covenant is a legal document that restricts the use of a property. It is an agreement between property owners that sets out certain conditions for the use of the land, such as what can and cannot be built, or how the property can be used. Restrictive covenants are usually included in the deed to the property and can have a significant impact on its value.

When purchasing a property, it is essential to review any restrictive covenants that may be attached to it. These covenants can limit the use of the property and may even restrict a property owner`s ability to make changes to the land or property. Failure to comply with restrictive covenants can result in legal action and potentially costly fines.

There are many different types of restrictive covenants that may be included in a property deed, such as:

1. Building restrictions: These covenants may limit the size or style of a structure that can be built on a property.

2. Use restrictions: These covenants may limit how a property can be used. For example, it may prohibit the property from being used for commercial purposes.

3. Maintenance restrictions: These covenants may require property owners to maintain their property to a certain standard, such as keeping lawns and landscaping tidy.

4. Transfer restrictions: These covenants may limit or prohibit the transfer of the property to certain individuals or entities.

5. Time restrictions: These covenants may limit the amount of time that a property can be used for a certain purpose or activity.

When reviewing a restrictive covenant, it is essential to understand its terms and how it can impact the property. It is also important to determine if the covenant is still enforceable and if it will affect the value of the property.

In summary, restrictive covenants are an essential legal document that any property buyer should review before purchasing a property. These covenants can restrict the use of a property and can have a significant impact on its value. By understanding the terms of the covenant and its enforceability, property buyers can make informed decisions about the properties they want to purchase and how they can be used in the future.