Covenants, conditions and restrictions (CC and Rs)
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  Covenants, conditions and restrictions (CC and Rs)



Covenants, conditions and restrictions (CC and Rs)

   Written rules and restrictions on the use of property, agreed to by a homeowners association of condominium board, that are filed with a county recorder's office and are legally enforceable.

RELATED TERMS
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Property
The rights of ownership. The right to use, possess, enjoy, and dispose of a thing in every legal way and to exclude everyone else from interfering with these rights.

Condominium
Individual ownership of a dwelling unit and an individual interest in the common areas and facilities that serve the multi-unit project.

County
A division within a state, usually encompassing one or more cities or towns.



SIMILAR TERMS
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Covenant
A written agreement inserted into deeds or other legal instruments stipulating performance or non-performance of certain acts, or use or non-use of a property and-or land

Covenant against encumbrances
The grantor warrants that the property is free from liens or encumbrances, except for any specifically stated in the deed.

Covenant of further assurance
The grantor promises to obtain and deliver any instrument needed to make the title good.

Covenant of quiet enjoyment
The covenant implied by law by which a landlord guarantees that a tenant may take possession of leased premises and that the landlord will not interfere in the tenant's possession or use of the property.

Covenant of seisin
The grantor warrants that he or she owns the property and has the right to convey title to it ("seisen" simply means "possession").

Covenant of warranty forever
The grantor promises to compensate the grantee for the loss sustained if the title fails at any time in the future.

Covenants
Agreements written into deeds and other instruments stating performance or non-performance of certain acts or noting certain uses or non-uses of property.

Covenants that run with the land
Convenants that become part of the property rights and benefit or bind successive owners of the property.

Coventry property
Property in Coventry, Great Britain. Apartments, flats, houses, offices and other property in Coventry.



PREVIOUS AND NEXT TERMS
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Covenant of quiet enjoyment
The covenant implied by law by which a landlord guarantees that a tenant may take possession of leased premises and that the landlord will not interfere in the tenant's possession or use of the property.

Covenant of seisin
The grantor warrants that he or she owns the property and has the right to convey title to it ("seisen" simply means "possession").

Covenant of warranty forever
The grantor promises to compensate the grantee for the loss sustained if the title fails at any time in the future.

Covenants
Agreements written into deeds and other instruments stating performance or non-performance of certain acts or noting certain uses or non-uses of property.

Covenants that run with the land
Convenants that become part of the property rights and benefit or bind successive owners of the property.

Covenants, conditions and restrictions (CC and Rs)

CPI and Market Rent Escalation (in a lease)
Consumer Price Index or other basis for how additional rent will be calculated.

Craftsman style
An architectural style that evolved as part of the Arts and Craft movement near the turn of the century.

Crawl space
1) The space between the ground and the first floor, often found in homes with no basement. 2) The space found between the top floor and the roof, often found in the place of an attic.

Creative financing
Structuring the financing of a real estate transaction based on the cash positions of the buyer and seller.

Credit
An agreement in which a borrower receives something of value in exchange for a promise to repay the lender at a later date.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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