Petroleum Deed Restriction
Most properties are offered for sale subject
to a deed restriction prohibiting the sale of petroleum and tobacco
products or operation of a convenience store for 25 years. A typical
deed restriction states that, "Grantee agrees that for a period of
twenty-five (25) years from and after the date of this conveyance, the
premises shall not be used for a convenience store or for the sale,
marketing, storage or advertising of petroleum fuels, motor oils or
tobacco products, and that this restriction shall be a covenant running
with the land and shall be contained in and made a part of every deed,
mortgage, lease or other instrument affecting the title to said
premises."
While we attempt to update this listing monthly to keep it as
accurate as possible, please note that all of the information including
property availability and price is subject to change without notice.
Updated: Wednesday, April 30 2008
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