John Seller County
John Seller County
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 1783 JOHN SELLER County Map LEICESTERSHIRE Leicester  US $9.95
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 1783 JOHN SELLER County Map BEDFORDSHIRE Bedford US $9.95
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How Do Restrictive Covenants Affect the Buyers of Homes for Sale?
Restrictive covenants (also called deed covenants) have been affecting buyers of real estate for as long as property has been transferring ownership. Such covenants are a condition of sale for real property, placed on the buyer by the seller or passed on from previous owners. By purchasing the property, the buyer agrees to abide by these restrictions on the use of the property.
Restrictive covenants are especially important to buyers of homes for sale; since they, like zoning laws, restrict how you may use your own property. Where city officials enforce public zoning laws, private parties enforce restrictive covenants generally a homeowners association or individuals who are affected by violations.
Restrictive homes for sale covenants protect the value of the home, itself, as well as the properties surrounding it. Some homes for sale covenants protect the people who live in close proximity to the property, such as other condominium or townhouse owners.
In earlier and not so charitable times, such covenants restricted to whom you could sell your home. Upscale areas of a city wanted to keep their neighborhoods free of particular races or ethnic groups. In the '50s and '60s, such covenants were deemed unconstitutional by the 5th and 14th Amendments to the U.S. Constitution, as well as unlawful by federal and state statutes.
Now, such homes for sale covenants are imposed to maintain a certain character and appearance of the neighborhood. Some examples are not being able to erect a chain link fence around your home, satellite dishes must be out-of-sight (a hard thing to do, if they are to function properly), you cannot park recreational vehicles at your home, or you cannot pitch a tent in your backyard for your children. Some homes for sale covenants are very restrictive for example, you cannot leave your trashcan in the street for more than one hour after trash pickup. Some homes for sale covenants dictate the maximum length of your grass or the exterior color of your home. Some control such mundane things as what type of pet you can own (if any), and during which hours of the day you can vacuum your carpets.
Violations of homes for sale covenants have serious consequences. You may be fined for most offenses; however, costly lawsuits have occurred from unresolved violations.
It is not the seller's responsibility to alert a buyer to restrictive covenants on homes for sale. The restrictive covenants generally are on file with the county in which the homes for sale is located. During the purchase process, a title search or abstract update should expose and highlight any covenants for the buyer and his/her real estate attorney to review before the purchase of the homes for sale.
Unfortunately, this process does not occur until after a homes for sale buyer has made an offer. That means a buyer always should check for restrictive covenants BEFORE making an offer on a homes for sale, or AT LEAST make the offer subject to review and acceptance of all covenants.
About the Author
John Harris is an expert researcher and writer on real estate topics such as economics, credit improvement tips, home selling advice and home buying preparations. For more information please visit Del Mar Real Estate
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1783 JOHN SELLER County Map LEICESTERSHIRE Leicester US $9.95
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1783 JOHN SELLER County Map BEDFORDSHIRE Bedford US $9.95
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Why does McSame believe EBAY is the answer to our economic woes?
eBay is the answer for poverty and recession. During his so-called “Forgotten Places” tour last month, John McCain offered the people of the economically devastated regions in Martin County, Kentucky and Youngstown, Ohio a path out of financial desperation: eBay. “Today, for example,” McCain said, “1.3 million people in the world make a living off eBay, most of those are in the United State of America.” If that sounds like something McCain’s national campaign co-chair and former eBay CEO Meg Whitman might say, it’s because she did. In March, she told Lesley Stahl on 60 Minutes, “We have about - around the world, about 1.3 million people make most, if not all, of their living selling on eBay.” (It should come as no surprise that President Bush, too, extolled the virtues of Americans’ economic futures as sellers on eBay.)
I have nothing against eBay, but the odds against making a living selling on eBay are not very high.
We willl be much better served by a president who will promote job growth through expansion of environmentally friendly industry, such as solar and wind power and other alternative energy sources.
The House of the Rising Sun
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