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 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 ...
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 ...
Restrictive Covenants in Real Estate 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...
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...
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Restrictive Covenants in Conveyances of Real EstateColum Jurist
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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 ...
AcronymDefinition REBA Real Estate Bar Association (Boston, MA) REBA Rapid Entire Body Assessment REBA Real Estate and Business Agents (real estate and business transactions regulatory agency; Australia) REBA Regional Established Business in Australia REBA Rechargeable EVA Battery Assembly REBA Regional Evi...