Restrictive Covenant


Definition of "Restrictive covenant"

Valerie Noia real estate agent
Valerie Noia, Real Estate Agent Coldwell Banker D'Ann Harper Realtors

Legal agreement restricting the use of real property for designated purposes. It may also apply to the way in which construction of a building may be performed. The promise is typically stated as a reservation as to use. It may also be expressed as an exception in a deed.

 

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