Covenants, Conditions And Restrictions

Business, Legal & Accounting Glossary

Definition: Covenants, Conditions And Restrictions




What is the dictionary definition of Covenants, Conditions And Restrictions?

Dictionary Definition


n. commonly called “CC and Rs,” these are written rules, limitations and restrictions on use, mutually agreed to by all owners of homes in a subdivision or condominium complex. CC and Rs may limit size and placement of homes, exterior colors, pets, ages of residents, use of barbecues and other conduct to protect the quiet enjoyment of the various residents. CC and Rs are enforced by the homeowners association or by individual owners who can bring lawsuits against violators and are permanent or “run with the land” so future owners are bound to the same rules. Most state laws require that a copy of the CC and Rs be recorded with the County Recorder and be provided to any prospective purchaser.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/covenants-conditions-and-restrictions/
Modern Language Association (MLA):
Covenants, Conditions And Restrictions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 18, 2021 https://payrollheaven.com/define/covenants-conditions-and-restrictions/.
Chicago Manual of Style (CMS):
Covenants, Conditions And Restrictions. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/covenants-conditions-and-restrictions/ (accessed: September 18, 2021).
American Psychological Association (APA):
Covenants, Conditions And Restrictions. PayrollHeaven.com. Retrieved September 18, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/covenants-conditions-and-restrictions/

Definition Sources


Definitions for Covenants, Conditions And Restrictions are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 27th April, 2020 | 0 Views.