Real Estate Vocabulary: Covenants, Conditions, and Restrictions (CC & Rs)

First the preamble: Even though I am an attorney, the following is NOT intended to serve as anything other than general information. I am NOT engaged in rendering legal, accounting, or any other professional advice. If expert assistance is needed, the services of a competent professional should be sought. This post is NOT a substitute for legal or any other kind of professional advice.

A-okay. Now, on to today's real estate vocabulary term: Covenants, Conditions, and Restrictions (also called "CC & Rs).

CC & Rs are the rules filed by many common interest developers (such as condominium and co-op developers) that must be followed by anyone buying a unit in the building. These rules typically involve restrictions to regulate the use and appearance of the building. An example of a CC & R would be a rule prohibiting the installation of satellite television dishes. The CC & Rs are the sorts of things that any prospective buyer needs to understand because they dictate how the property can and cannot be used.