Author Question: Saxon Construction is developing a subdivision of single family homes. The real estate market has ... (Read 63 times)

fox · **on:** Jun 24, 2018

Saxon Construction is developing a subdivision of single family homes. The real estate market has taken a down turn and Saxon has negotiated a sale of the final eight lots to Whister who will build a 300unit apartment complex on the lots. There is a deed restriction for the area that limits construction to singlefamily dwellings. Saxon amends the deed restriction. Which of the following is correct?
A)Saxon cannot amend the deed restrictions
B)Saxon can amend the deed restrictions for those 8 lots
C)The apartments still fit the singlefamily dwelling description in the restriction
D)None of the above

Question 2

To A for 8 years is an example of a tenancy for years.
Indicate whether the statement is true or false