What is a deed restriction?

A deed restriction is indeed characterized as a condition that limits the use of real property. These restrictions are usually included in the property's deed and can dictate various terms regarding how the property can be used or developed. For instance, a deed restriction might restrict the types of structures that can be built on a property, limit how the property can be used (such as prohibiting commercial use in a residential neighborhood), or establish guidelines for maintenance and aesthetics.

The purpose of deed restrictions is often to maintain a certain standard within a community or to protect property values. They stand apart from government regulations or taxes, as they are typically imposed by property developers or homeowners' associations rather than state or local governments, providing private limitations on property rights. Understanding this concept helps in evaluating real estate situations, particularly in assessing what uses may or may not be permissible on a particular piece of land.