Covenants Running With The Land.
Written agreement, guarantee, pledge, or promise annexed to the land between two or more parties to do or not to do something and is transferred to successive title holders. For example, in exchange for donating a parcel of land to the community, Jones adds a covenant running with the land that the property would forever be used only for educational purposes.
Popular Real Estate Terms
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Cancellation of a contract such as when a real estate agreement is deemed illegal. ...
Paneled brickwork between timber quarters, a framed wall, or partition. ...
Land subject to an easement. ...
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Items of real and personal property that usually have a long life, such as housing and other real estate. ...
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principal line running north and south in the government rectangular survey method. Other meridians, each 24 miles apart, are surveyed from the principal meridian. ...
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