Conditions, Covenants, and Restrictions (CCRs) refer to the rules and regulations set forth in condominium or subdivision deeds or bylaws that dictate how properties can be used. These regulations ensure aesthetic and functional uniformity, preventing changes that could negatively impact the community.
An overview of the Standard Fire Policy, also known as the 165-line policy, commonly used across states. It includes details about its sections: Declarations, Insuring Agreements, Conditions, and Exclusions.
A recapture clause in a contract permits the party who grants an interest or right to reclaim it under specified conditions.
