Restrictive Covenant


Definition of "Restrictive covenant"

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.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ