Tue 29 Dec, 2015 01:48 pm
If a property owner places a restrictive covenant in the deed to his property, does the restriction continue in perpetuity, long after his death no matter how many times the property changes hands?
This is covered by bane of the existence of most law students - The Rule Against Perpetuities
Don't ask me to explain it in depth. Like most people who have ever taken the Bar, you forget the details afterwards unless you do Real Estate practice.
It depends on many things including city/county codes, but there are ways to get around some restrictive covenants by getting the approval of your neighbors -in writing. It's a good idea to get an attorney.
Its Good Reply....I agree with you....