{"id":2384,"date":"2016-10-11T11:44:10","date_gmt":"2016-10-11T15:44:10","guid":{"rendered":"http:\/\/www.lindabury.com\/firm\/?p=2384"},"modified":"2016-11-07T11:12:28","modified_gmt":"2016-11-07T16:12:28","slug":"restrictive-covenants-can-thwart-development-cases-can-also-used-effective-tool-enhance-desirability-market-value-developments","status":"publish","type":"post","link":"https:\/\/www.lindabury.com\/firm\/insights\/restrictive-covenants-can-thwart-development-cases-can-also-used-effective-tool-enhance-desirability-market-value-developments.html","title":{"rendered":"Restrictive Covenants Can Thwart Development In Some Cases"},"content":{"rendered":"

But Can Also Be Used As An Effective Tool To Enhance The Desirability And Market Value Of Other Developments<\/strong><\/span><\/p>\n

Many people believe that restrictive covenants are antiquities not to be seen in their lifetime, however, a recent unpublished Appellate Division case, Welch v. Chai Ctr. for Living Judaism, Inc.<\/em>, Nos. A-4088-13T1, A-4163-13T1, 2016 N.J. Super. Unpub. LEXIS 1906 (App. Div. Aug. 15, 2016), should serve as a reminder of their effects.<\/p>\n

Restrictive covenants are restrictions contained in a deed which run with the land and either restrict the use of the land or prohibit specified uses. Thus, restrictive covenants can have critical impacts on proposed development of the land. On one hand, they can thwart proposed development, as in the Welch case, but alternatively, they can be used to enhance the desirability and market value of some developments, particularly residential developments.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

But Can Also Be Used As An Effective Tool To Enhance The Desirability And Market Value Of Other Developments Many people believe that restrictive covenants are antiquities not to be seen in their lifetime, however, a recent unpublished Appellate Division case, Welch v. Chai Ctr. for Living Judaism, Inc., Nos. A-4088-13T1, A-4163-13T1, 2016 N.J. Super. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[99,65,249],"tags":[],"coauthors":[173],"class_list":["post-2384","post","type-post","status-publish","format-standard","hentry","category-pierce","category-insights","category-real-estate-land-use-zoning-insights"],"acf":[],"yoast_head":"\nRestrictive Covenants Can Thwart Development In Some Cases — October 11, 2016 — Lindabury, McCormick, Estabrook & Cooper, P.C. 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