The meaning of RESTRICTIVE COVENANT is a covenant acknowledged in a deed or lease that restricts the free use or occupancy of property (as by forbidding commercial use or types of structures). How to use restrictive covenant in a sentence.
The meaning of RESTRICTIVE is of or relating to restriction. How to use restrictive in a sentence. Did you know?
(called "covenant running with the land" if enforceable against future owners). 2) all restrictive covenants based on race ("the property may be occupied only by Caucasians") were declared unconstitutional in 1949, and if they still show on deeds, are null and void. (See:covenant that runs...
PROPERTY LAW-RESTRICTIVE COVENANTS ON USE OF LAND MUST BE STRICTLY CONSTRUED, AND THEREFORE MUST EXPRESSLY FORBID SHORTTERM RENTALS IN ORDER TO FORBID SHORT-TERM RENTALSLowery, Courtney E.University of Arkansas at Little Rock Law Review
2.GrammarOf, relating to, or being a subordinate clause or phrase that identifies the noun, phrase, or clause it modifies and limits or restricts its meaning, as the clausewho live in glass housesinPeople who live in glass houses shouldn't throw stones. ...
Financial Covenants:These covenants focus on the borrower’s financial health and require them to maintain certain financial ratios or meet specific financial targets. Examples include maintaining a minimum debt-to-equity ratio, a maximum leverage ratio, or a minimum level of liquidity. ...
As one of the UK’s leading insurance brokers for this class of business, we can build a legal indemnity policy to meet your needs. We are on hand to provide advice if your project or development is subject to restrictive covenants, or has issues around rights to light. SHARE...
Cases, precedents and materials about modifying or removing restrictive covenants and easements in Victoria
Supreme Court unimpressed by developer's 'cynical breach' of restrictive covenants. Alexander Devine Children's Cancer Trust v Housing Solutions Ltd
It's important to differentiate between the two main types of covenants: negative and positive. Negative covenants are actions youcan'ttake, while positive covenants are actions youmusttake. For example, a negative covenant in real estate could prevent you from raising chickens on your property. ...