Restrictive covenant

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Restrictive covenant

A requirement to adhere to a specific restriction on the use or development of real property.

restrictive covenant

An agreement between two or more individuals, incorporated within a deed which stipulates how land may be used. The constraints may include: the specific use to which a property can be put, the location and dimensions of fences, the setback of buildings from the street, the size of yards, the type of architecture, the cost of the house, etc. Racial and religious restrictions on inhabitants are legally unenforceable.
References in periodicals archive ?
He said similar past applications had always been refused on the grounds of the restricted covenants, so they had no reason to expect this one would be allowed.
People fear that Riverside Park, the city's former bowling green, could form part of the development, even though they say a restricted covenant was put on it when it was sold by the university to the council in 1944, allowing only for a shelter to be built on the land.
The court held, inter alia, that a restricted covenant and an employment contract between a hospital and a physician is not per se unreasonable and unenforceable.
There is also a restricted covenant on the Cathays Park site which states it can only be sold on to another public sector organisation.
Under the most restricted covenant to the agreement, the collateral must be free and clear of all liens.

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