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Question 1<br />

You are reviewing documentation on a warranty deed to be executed<br />

for the purchase of property from a local Economic Development<br />

Authority (EDA). The State statutes require covenants to be inserted<br />

into any deed from an EDA to a private party. These include<br />

restrictions on current and future use and sale of the land, and the<br />

statutes indicate that these restrictions need to run with the land. The<br />

attorney for the EDA has not put the restrictive covenants in the draft<br />

deed.<br />

The purchasing company's attorney has indicated that it is the EDA's<br />

responsibility to determine what needs to be in the deed.<br />

What do you do

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