A covenant that runs with the land is a legal agreement or obligation that is attached to the ownership of a specific piece of real property and binds successive owners of that property. These covenants are typically found in deeds, leases, or other property documents and may impose restrictions, obligations, or benefits related to the use, maintenance, or development of the land. For example, a covenant may require property owners to maintain certain aesthetic standards, refrain from certain activities on the property, or pay fees for shared amenities or services. Covenants that run with the land are enforceable between successive property owners and may continue to affect the property even if the original parties who entered into the covenant are no longer involved.
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This glossary post was last updated: 29th March 2024.
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