Humber/Ontario Real Estate Course 3 Exam Practice

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What term describes the restrictions on Owner Naseer's property about satellite dishes and exterior colors?

  1. Encroachment

  2. Escheat

  3. Restrictive Covenant

  4. Zoning Restriction

The correct answer is: Restrictive Covenant

The term that describes the restrictions on Owner Naseer's property about satellite dishes and exterior colors is a restrictive covenant. A restrictive covenant is a legal obligation that restricts the use of the land in some way, such as dictating the colors allowed for exterior painting or prohibiting the installation of satellite dishes. This is a private agreement between property owners and is binding on subsequent owners as well. Encroachment refers to a situation where a building, fence, or other improvements from one property extend onto another property. Escheat is the government's right to take ownership of a property if the owner dies without a will or any known heirs. Zoning restrictions are regulations imposed by local governments that control the use of land and the types of structures that can be built in specific areas.