What describes a document that restricts property use by its owner and specifies obligations and responsibilities?

A restrictive covenant is a type of agreement or clause in a deed that limits how the property can be used or developed. This includes specific conditions that the property owner must adhere to, which may include the types of structures that can be built, the permissible activities on the property, or aesthetic requirements such as maintaining a certain architectural style. These covenants are intended to maintain a certain standard of property use and value within a community or estate.

They create enforceable obligations for property owners, meaning that if a property owner does not comply with the terms of the covenant, they could face legal action from other property owners or an association. This document ensures that the interests of the community or neighboring properties are safeguarded against actions that could devalue or harm the area, thus contributing to orderly development and preservation of property values. This specificity and enforceability of restrictions and obligations is what makes the restrictive covenant the correct answer in this context.