In real estate, a restrictive covenant is a legal agreement that applies to properties in a specified community. Covenants often arise from the control of ahomeowners association(HOA), an organization in a planned community orcondo complexthat sets community rules. These rules place restrictions on ...
A restrictivecovenantis a condition that restricts, limits, prohibits, or prevents the actions of someone named in an enforceable agreement. In bond obligations, restrictive covenants limit the amount issuers can pay in dividends to investors. Restrictive covenants are common inreal estatedeeds and lea...
Restrictive Covenants in Conveyances of Real EstateColum Jurist
在法律领域,'restrictive'常用于描述那些对行为、权利或自由施加限制的法律条款或规定。例如,'restrictive covenants in real estate'指的是房地产交易中的限制性契约,这些契约可能限制土地或房产的使用方式、转让条件等。在经济领域,'restrictive trade policies'则指的是那些旨在保护本国...
In real estate transactions, restrictive covenants are binding legal obligations written into the deed of a property contract, usually by the seller. These
When real estate restrictive covenants carry over from one property owner to the next, the restrictions are said to "run with the land." Restrictive covenant documents will usually outline the fines imposed for violations, which could include alienon the property. Just like employment covenants, th...
Restrictive covenants in real estate exist to prohibit the use of a property in a certain way by tenants, homeowners, or other occupants. Such restrictions often exist in gated communities and condominium developments. Many of the restrictions are often focused on preserving a certain style, appeara...
Restrictive covenants at one time were used to prevent minorities from moving into residential neighborhoods. A group of homeowners would agree not to sell or rent their homes to African Americans, Jews, and other minorities by including this restriction in their real estate deeds. Until 1948 it ...
By Risa Lynn Wolf-Smith Shedding Burdensome Restrictive Covenants in Real Estate Sales Real property sales in bankruptcy are often saddled by burdensome restrictive cov- enants, a legally enforceable promise to do or not do something to a piece of real property. In essence, covenants are ...
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