What are covenants?
By Kat Palmiotti, Helping your Montana dreams take root
(eXp Commercial, Referral Divison)
If you are a first-time home buyer just starting out with a land or home search or are moving to our area from elsewhere, one of the questions you may ask is, "What are Covenants?" The simplest answer is, covenants are regulations that come with a particular parcel of land. The official document that contains the regulations is called CC&Rs, or Covenants, Conditions & Restrictions. In the Kalispell area, some properties have covenants and some don't. This blog post will provide an overview of both types of properties. Often, covenants are put in place when property is being subdivided for future new homes. The purpose is typically to make sure the development has a specific look and feel, and new home owners know what rules must be followed when living there. Sometimes covenants are put...
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