A building scheme is different from a restrictive covenant because a building scheme:
A) requires an owner to get developer approval before building
B) applies only to a condominium development
C) covers an entire neighbourhood
D) does not bind future purchasers
E) can be extinguished if the majority of owners agree

Question

Quizplus · Accepted Answer

A building scheme covers an entire neighbourhood, while a restrictive covenant only applies to a specific property. A building scheme may require approval from a developer or homeowners' association before building, but it also binds future purchasers and can only be extinguished with the agreement of a majority of owners.

A Building Scheme Is Different from a Restrictive Covenant Because