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Currently displaying definitions for words starting with - R

R-Codes
The common name for the residential housing density codes, which describe the average land area required for the construction of a dwelling on a block of land. The R-codes are often referred by property developers who are considering the redevelopment potential of a property. To calculate the land areas applying to each R-code simply divide the number 10,000 by the R-code. For instance, an R-20 zoning, which is common in Perth, would require 500 square metres of land area for each dwelling.
Restrictive Covenant
A covenant on a title restricting the full use of the land. It may be removed by order of the court, or in some cases by consent of the person or persons named in the covenant as having this power. A common example is a covenant not to erect more than one dwelling on the allotment to which the covenant relates. Another typical covenant is that buildings to be erected on the subject land must have brick external walls.


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