Restrictive covenants play a critical role in real estate, dictating how properties can be used and developed. Whether you are buying a property or currently own one, grasping the concept of restrictive covenants is crucial to avoid legal complications and ensure smooth transactions. This article delves into what restrictive covenants are, who establishes them, their types, and the pros and cons associated with them. Discover how these covenants can impact property use and value, and learn about the process of modifying or removing them if necessary.