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Covenant on deed for ADU can Multi

Bought a house with a 24x30 (three story) barn. We’re doing a studio apartment in the upper floor w lofted bedroom.

If I convert this to an ADU I can rent either house or barn apt, but am supposed to occupy one.

We couldn’t get the loan as a multi so it’s gotta be an ADU from that perspective, but in order to get the certificate of occupancy for ADU, we need to put a covenant on the deed that we won’t turn it into a multi unit in the future.

The woman at the city said from her perspective if I changed my mind or wanted to split the main house, we could pay the impact fee for ADU and then should be able to get covenant lifted, and then pay difference in any for higher multi unit impact fee. She did warn that I should consult RE lawyer,

Property could be converted to 3 units potentially in the future (by us or if/when we sell it so I’m nervous to put that covenant on the deed. Anyone have any experience with how that may work if we did want it removed down the line?

submitted by /u/phishfiend
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/ga1axn/covenant_on_deed_for_adu_can_multi/
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