Casus belli situations that you can encounter if you’re preliminarily screening parcels to purchase the real deal estate development are usually obvious, subtle or somewhere in between. The 1st two articles in this series touched on various challenges presented through the physical characteristics and surroundings of the parcel.This short article is focused on potentially big problems caused by limitations initiated or accepted by way of the current or past owner of the house and property that will cause it to be difficult or impossible that you can implement your required real estate investment development. These restrictions have nothing related zoning or some other municipal ordinances. One type involves deed restrictions or covenants that could presumably be revealed with the title search you’d did with the property as soon as you were built with a purchase contract signed using the owner.Generally, restrictive covenants are provisions recorded against a parcel and known inside the deed that disclose some affirmative or negative requirement for the use or progression of the exact property. An affirmative covenant may be one proclaiming that any structure built with a parcel attend least 3,000 sq. ft. in proportions. One particualr negative covenant might be one which prohibits the sale of alcohol consumption to the property, even where that use may very well be permitted with the current zoning classification. Ask for a more in-depth discussion of deed restrictions as well as implications on land increase in this article entitled “Some Controls on Developing Property”.