Jason, your client, is developing a subdivision of 140 houses. He may place deed restrictions on as many as 140 (100%) properties.
This is the term that is used to refer to the written agreements that are done in order to restrict and limit activities that may go on in a property.
These are private agreements that are made. It has to be 100 percent on the properties.
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Jason may place deed restrictions on 140 (100%) properties.
A deed of restriction is an action that is recognized by law which gives the property owner or agent the right to restrict, how the properties are to be used. For example, Jason's deed of restriction could contain restrictions against carrying out certain types of businesses on all 140 properties.
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