- restrictive covenant
- A covenant restricting or, regula ting the use of real property or the kind, character, and location of buildings or other structures that may be erected thereon, usually created by a condition, covenant, rescivation, or exception in a deed, but susceptible of creation by contract riot involving transfer of title to land and by implication. 20 Am J2d Cov §§ 165 et seq.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
restrictive covenant — n 1: 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) one who purchases for value and without notice takes the land free from the restrictive… … Law dictionary
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Restrictive Covenant — Any type of agreement that requires the buyer to either take or abstain from a specific action. In real estate transactions, restrictive covenants are binding legal obligations written into the deed of a property by the seller. These covenants… … Investment dictionary
restrictive covenant — Provision in a deed limiting the use of the property and prohibiting certain uses. In context of property law, term describes contract between grantor and grantee which restricts grantee s use and occupancy of land; generally, purpose behind… … Black's law dictionary
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