Repairs and Care Clause

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US-CL-625-1
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FAQ

In good repair means that there are no situations such as, but not limited to, broken windows, doors, door latches, steps and railings; torn linoleum or missing tiles; leaking roofs; or flooding or leaking basements.

Definition: a provision in a mortgage agreement that requires borrowers to maintain mortgaged property in good condition.

A clause that may be inserted into a purchase agreement or a lease indicating that subject property must be properly maintained in order to validate the contract.

A covenant for title that comes with a deed or title to the property assures the purchaser that the grantor has the ownership rights that the deed purports to convey. Non-compete clauses in relation to contract law are also called restrictive covenants.

An example of a contractual covenant is a non-compete agreement. Examples of common covenants in property law include agreements not to build a fence or agreements to maintain a shared driveway.

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Repairs and Care Clause