Restrictive Covenant

Many newer areas in Edmonton will have a Restrictive Covenant registered against the title to the property. Before you plan any major changes to your property, make sure you understand what this Restrictive Covenant requires. These are typically put in place to ensure that there is a certain uniformity amongst all houses in a neighborhood. This prevents your neighbor from making some radical change to the exterior of their house that will decrease the value of all the neighboring properties. It also prevents you from doing the same thing and may require certain minimum standards such as the quality of your roofing material.