California Restrictive Covenant Modification

State:
California
Control #:
CA-SKU-3130
Format:
PDF
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Description

Restrictive Covenant Modification California Restrictive Covenant Modification is a legal term pertaining to the alteration of existing covenants or restrictions in California real estate. A covenant is an agreement between two or more parties, typically concerning the use of the property. It is often included in the deed when the property is sold or leased. A modification of a covenant may include changes to the restrictions on the use of the property, such as permitting different types of structures, changing the zoning, or allowing other activities that were previously prohibited. Depending on the type of covenant being modified, there are different types of California Restrictive Covenant Modification: 1. Covenant Modification Agreement (CMA): This type of modification requires that the parties to the agreement must agree to the changes. 2. Special Use Permit (SUP): A special use permit is a type of modification that is issued by a local government or other authority and gives the property owner permission to do something that is otherwise prohibited by the covenant. 3. Variance: This is a form of modification that allows a property owner to deviate from an existing covenant. The variance must be approved by the local government or other authority. 4. Diversionary Clause: A diversionary clause is a modification that allows for the covenant to be modified or revoked in the event that certain conditions are no longer met. This type of modification is generally used in the event of a sale or transfer of ownership.

California Restrictive Covenant Modification is a legal term pertaining to the alteration of existing covenants or restrictions in California real estate. A covenant is an agreement between two or more parties, typically concerning the use of the property. It is often included in the deed when the property is sold or leased. A modification of a covenant may include changes to the restrictions on the use of the property, such as permitting different types of structures, changing the zoning, or allowing other activities that were previously prohibited. Depending on the type of covenant being modified, there are different types of California Restrictive Covenant Modification: 1. Covenant Modification Agreement (CMA): This type of modification requires that the parties to the agreement must agree to the changes. 2. Special Use Permit (SUP): A special use permit is a type of modification that is issued by a local government or other authority and gives the property owner permission to do something that is otherwise prohibited by the covenant. 3. Variance: This is a form of modification that allows a property owner to deviate from an existing covenant. The variance must be approved by the local government or other authority. 4. Diversionary Clause: A diversionary clause is a modification that allows for the covenant to be modified or revoked in the event that certain conditions are no longer met. This type of modification is generally used in the event of a sale or transfer of ownership.

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California Restrictive Covenant Modification