What legal term involves an agreement to not build on certain areas of property?

The term that refers to an agreement to not build on certain areas of property is a deed restriction. Deed restrictions are legally binding clauses incorporated into property deeds that impose limitations on how the property can be used or developed. They are often established by the property developer or homeowners' associations to maintain certain standards within a neighborhood, preserve property values, or protect shared interests of the property owners.

Deed restrictions can specify a variety of conditions, including setbacks from property lines, architectural styles that must be adhered to, and limitations on the types of structures that can be built. They serve to ensure that the characteristics and aesthetics of a development are upheld, which is beneficial for both current and future property owners.

The other options, while related to property agreement contexts, do not accurately describe the specific legal mechanism that prevents building on certain areas. Building covenants generally relate to promises regarding construction standards and styles rather than outright prohibitions, property agreements can encompass a broader range of arrangements related to property usage, and usage licenses typically refer to permissions for temporary use rather than long-term restrictions.