New Jersey Real Estate Practice Exam Free Practice Question
Which of the following statements is the best description of covenants and conditions?
Correct Answer: B
Rationale: Covenants and conditions are best described as private restrictions (B) because they are agreements between property owners that dictate how a property can be used. These restrictions are established to maintain a certain standard within a community.
Option A is incorrect; while covenants can influence property use, they do not automatically prevail over zoning laws. Option C mischaracterizes covenants, as they are not an exercise of police power, which pertains to government regulations for public welfare. Lastly, option D is misleading; covenants typically run with the land, meaning they bind future owners.
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