Laserfiche WebLink
AMNOLO 1 r*INYtRO <br />MIRV <br />I .,tN N• <br />ILLMARO Nt.••• <br />.IAM•• •CMOMAOMCR <br />ALVW O M•LMOM <br />MC••• M •OMOM•CM•R <br />t4R <br />fEIN$ERCA, MIRVIBB, MEYERS, SCHUMACHER MALMON. P At <br />ATTOMN••• AT LAW <br />till IOWSRS <br />01\IWRt (WOW. <br />II• NtNNt Rif •Vr•Ot <br />4.11NNIAPOL1• MINN••OTA ••AOI <br />SI• a•a1 <br />March 31, 1972 <br />Village Council <br />Village of Mounds View <br />1 2401 Highway 10 <br />Bt.. Paul, Minnesota 55112.., <br />RE; Restrictive Covenants- Zoning <br />•WPWWAN orrICtb. <br />•IOM•I•IO <br />NtW •MONTON <br />L•XINOTON <br />Gentlemen: <br />At the lest Council meeting 'a question was raised <br />relative to a search for the restrictive covenants that may <br />exist on property abutting Highway 10. <br />A' restrictive covenant, such as a provision in a <br />deed nothing except a residential home can be built on <br />a piece of land, is 'a private agreement, between grantor and <br />grantee that runs with the land. This Means anybody that <br />purchases this particular property takes it subject'to the I <br />restriction imposed. This will appear of record in deeds'and <br />other documents relating to said parcel of land. In <br />determine what restrictive covenants go with oach,paroel of land <br />it would be necessary to examine the title for Mach parcel involved <br />and find the particular document that may have imposed 'the <br />restriction. Most restrictions run for 20 to 25 years 'at which <br />time they lapse. After the lapse date the restriction no longer <br />applies andlthe land is free of the covennnt. If a'parcel of <br />land had a restriction such as I have described above, and a <br />grantee 'would attempt to build a commercial business on said <br />'land, court action could be brought by parties of interest to <br />prohibit the construction of the commercial building. Because <br />of this potential, the builder of a commercial building would <br />be unable to get a mortgage on said property. This restriction, <br />however is a private matter between grantors and grantees and <br />other parties of interest, but not the governing body of the <br />4 community wherein the land lies. <br />