This form provides the terms and conditions contained in an assignment shall constitute covenants running with the land, and shall be binding on, and for the benefit of assignor and assignee, and their respective successors and assigns.
You bet! Covenants can help keep up the appearance of the neighborhood, which in turn helps keep property values from tanking.
Absolutely! There are restrictions that might limit how tall your fence can be, what colors you can paint your house, or how many pets you can have.
If you don't toe the line, you could run into trouble. Neighbors or the homeowners association might take you to task, which could lead to fines or even legal action.
Yes, it's possible! But it's not as easy as pie. It typically requires a vote from the homeowners in the area to make any changes.
You can dig through your property deed or check with your neighborhood association. They usually have the scoop on any covenants that apply to your home.
Covenants are like the ground rules of a neighborhood. They are agreements that property owners in a certain area must follow to keep the place looking nice and to maintain property values.