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VT H0306
Bill
Status
2/21/2025
Primary Sponsor
Edye Graning
Click for details
AI Summary
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Deed restrictions or covenants added after July 1, 2025 on property zoned for commercial or industrial uses are invalid if they prohibit or effectively prohibit commercial or industrial use of the property
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Amends existing Vermont law (27 V.S.A. § 545) that already invalidates certain deed restrictions related to residential development and parking requirements
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Conservation easements, historic preservation interests, and property interests held by qualified organizations or State agencies remain enforceable and are not affected
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Housing subsidy covenants held by eligible applicants or the Vermont Housing Finance Agency are also exempted from the prohibition
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Effective date: July 1, 2025
Legislative Description
An act relating to prohibiting deed restrictions or covenants that prohibit use of property for commercial or industrial purposes
Last Action
Read first time and referred to the Committee on Judiciary
2/21/2025