What is a deed restriction?
A deed restriction is a legal document or restriction placed on a property which dictates how it can be used. In South Dakota, deed restrictions are commonly used to limit how a parcel of real estate can be developed, used, and/or sold. These restrictions are typically written into deeds, but can also be imposed by local governments, homeowners’ associations, or other governing bodies. These restrictions are enforced to maintain the value of the property and protect its intended use. Common deed restrictions include restrictions on the type of structures that can be built, the number of units that can be built, fencing requirements, and the size of the building. Deed restrictions may also prohibit specific uses, such as the sale of alcohol or the operation of a business. Deed restrictions are enforced through a variety of means, such as fines or property taxes. If a deed restriction is violated, the violator may face civil and/or criminal penalties. Furthermore, each deed restriction typically comes with an expiration date or a set of conditions that must be met in order for the restrictions to remain active. In short, deed restrictions are a legal mechanism used to control how a parcel of land in South Dakota can be developed, used, or sold. These restrictions are enforced to protect the value of the property and to ensure that it is used in the intended manner.
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