Covenants Running With The Land

Definition of "Covenants running with the land."

Vicki Cipri
  Premiere Plus Realty

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.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ