BC Real Estate Trading Services Licensing Exam Practice · Question
A developer is planning a new subdivision in Surrey, BC. To ensure all future homeowners maintain a consistent aesthetic (e.g., house colour, landscaping design) and prevent commercial ventures, the developer registers certain stipulations on each property's title. What type of interest is the developer most likely creating?
A restrictive covenant is a negative covenant registered on title that restricts the use of land, typically to maintain property values or consistent neighbourh
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Question: A developer is planning a new subdivision in Surrey, BC. To ensure all future homeowners maintain a consistent aesthetic (e.g., house colour, landscaping design) and prevent commercial ventures, the developer registers certain stipulations on each property's title. What type of interest is the developer most likely creating?
Answer options:
- An easement by prescription.
- A statutory right of way. ✅ A restrictive covenant.
- A profit à prendre.
Correct answer: A restrictive covenant.
Explanation: A restrictive covenant is a negative covenant registered on title that restricts the use of land, typically to maintain property values or consistent neighbourhood aesthetics, and is enforceable by subsequent owners.
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