Bill of Assurances
A Bill of Assurance (also called Deed Restrictions or Restrictive Covenants) is a legally binding set of rules and policies put together when the section or group of lots were developed. Their intent is to limit what property owners can do with their property. The rules set forth in the Bill of Assurances are enforcing in a court of law. They impose restrictions on the use of land in order to protect the property owners and to ensure the value and enjoyment of adjoining land is preserved.