Question 72

Deed restriction means the same as restrictive covenant.

A deed restriction is essentially a type of restrictive covenant that limits how a property can be used or developed. This legal agreement is recorded in the property's deed and ensures compliance with specific conditions agreed upon by the property owner.

A) lease restriction.

Lease restrictions refer specifically to limitations placed within a lease agreement, governing how a tenant may use the leased property. While related to property use, lease restrictions differ significantly from deed restrictions, which apply to property ownership and are permanently attached to the title.

B) master plan.

A master plan is a comprehensive plan intended to guide the long-term development of a property or area. It does not impose specific limitations on individual properties like a deed restriction does, and thus is not synonymous with deed restrictions.

C) restrictive covenant.

A restrictive covenant is a legal agreement embedded in property deeds that restricts the way a property can be utilized. This directly aligns with the definition of a deed restriction, making it the correct answer, as both terms refer to limitations placed on property use.

D) variance.

A variance is a request for permission to deviate from current zoning regulations, allowing for exceptions to standard land use rules. Unlike deed restrictions, which impose limitations, a variance grants exceptions, making these terms fundamentally different.

Conclusion

The correct answer, restrictive covenant, directly correlates with the definition of a deed restriction, as both involve legally binding agreements that limit property use. The other options, while related to property management and regulation, do not reflect the same meaning or context as deed restrictions, thereby confirming that restrictive covenant is the only accurate synonym.