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BUILDING RESTRICTIONS

A building restriction indicates any bylaw, agreement, or any caveat which gets registered via registry office/land titles, while containing a specific building restriction scheme/covenant.

Definition

A building restriction may be called a set of specific restrictions, caveats, agreements, and regulations, which apply to the development/construction of a building/structure, or even land usage. This could be contained in several building codes or any other restrictive or statutory covenant.

Use of Building Restrictions in Real Estate

Building restrictions may indicate limitations on improvements to specific kinds of properties or property sizes. It is implementing through lease or deed-based limitations/restrictions and also via zoning regulations and acts. Building restrictions are taken as encumbrances. Any violations of the same make the title absolutely unmarketable to a large extent.

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