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What are Real Estate Deed Restrictions?

What are deed restrictions in real estate? Real Estate Deed Restrictions are property rules and laws that control the appearance of your house. ✅ 🎓💯Get our exam prep package and our exam crash course videos! https://bit.ly/3NuSzz7 Every property will have the deed restrictions listed in the contract. That's why knowing the exact encumbrances associated with the property before your clients show interest is important. Some buyers seek out properties with deed restrictions because it helps dictate the appearance of neighborhoods. If you've ever traveled through a neighborhood where every house looks similar, you would have traveled through a deed-restricted zone. This creates a uniform suburban look that appeals to some property buyers. But, some buyers are discouraged by deed restrictions. This type of client looks for properties that give them complete control over the land. A deed restriction will legally limit what you can and can't do on the property. For some, that's not a good house to live in. Knowing what encumbrances exist on your property is vital to the success of selling the property. For more information on deed restrictions, watch the video. Robert Rico shows you the pros and cons of deed restrictions and how they affect the property purchase. As always, if you have any questions about this video, encumbrances, or anything else real estate-related, drop a comment in the comment section below. Don't forget to read the bonus content! Chapters: 00:00 - Intro 00:48 - What is are deed restrictions? 01:40 - What is a freehold estate? 02:20 - Why would a house have deed restrictions? 03:20 - Here's what to do about deed restrictions 03:50 - How do you find the deed restrictions on a house? 04:35 - Final thoughts on deed restrictions... #deedrestrictions #deedrestrictionsrealestate #encumbrance