Declaration of Covenants, Conditions, and Restrictions (Commercial Real Estate Development) (Long Form) | Practical Law

Declaration of Covenants, Conditions, and Restrictions (Commercial Real Estate Development) (Long Form) | Practical Law

A form of declaration of covenants, conditions, and restrictions (commonly referred to as a restrictive covenant) favoring the developer. Covenants, conditions, and restrictions (CC&Rs) generally try to promote the orderly development and use of real property and restrict certain activities under a general plan of improvement. This declaration of CC&Rs aims to protect the value and desirability of a business and retail development. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for purchasers and developers. While declarations of CC&Rs are generally governed by state law, this jurisdictionally-neutral template is useful and relevant in every state.

Declaration of Covenants, Conditions, and Restrictions (Commercial Real Estate Development) (Long Form)

by Practical Law Real Estate
MaintainedUSA (National/Federal)
A form of declaration of covenants, conditions, and restrictions (commonly referred to as a restrictive covenant) favoring the developer. Covenants, conditions, and restrictions (CC&Rs) generally try to promote the orderly development and use of real property and restrict certain activities under a general plan of improvement. This declaration of CC&Rs aims to protect the value and desirability of a business and retail development. This Standard Document has integrated notes with important explanations and drafting and negotiating tips for purchasers and developers. While declarations of CC&Rs are generally governed by state law, this jurisdictionally-neutral template is useful and relevant in every state.