The Real Estate Encyclopedia
Restrictive Covenant
Category - Real Estate Glossary - Real Estate Terminology
A clause in a deed which a grantor has placed there which prohibits or restricts certain use, occupation or improvement of the land and to which the grantee must agree in order for the property to be conveyed and which will be binding on all subsequent owners.
 
Category(s)
Real Estate Glossary - Real Estate Terminology
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