In a deed, a grantee may agree to do something or refrain from doing certain acts. This agreement will become a binding contract between the grantor and the grantee. An example would be an agreement to maintain fences on the property or that the property will only be used for residential purposes. This kind of covenant is binding, not only between the grantor and the grantee, but also runs with the land. This means that anyone acquiring the land from the grantee is also bound by the covenant of the grantee. A covenant that provides that the grantee will refrain from certain conduct is called a restrictive or protective covenant. For example, there may be a covenant that no mobile home shall be placed on the property.
A restrictive or protective covenant may limit the kind of structure that can be placed on the property and may also restrict the use that can be made of the land. For example, when a tract of land is developed for individual lots and homes to be built, it is common to use the same restrictive covenants in all of the deeds in order to cause uniform restrictions and patterns on the property. For example, the developer may provide that no home may be built under a certain number of square feet. Any person acquiring a lot within the tract will be bound by the restrictions if they are placed in the deed or a prior recorded deed. Also, these restrictive covenants may be placed in a document at the outset of the development entitled "Restrictive Covenants," and list all the restrictive covenants that will apply to the tracts of land being developed. Any subsequent deed can then refer back to the book and page number where these restrictive covenants are recorded. Any person owning one of the lots in the tract may bring suit against another lot owner to enforce the restrictive covenants. However, restrictive covenants may be abandoned or not enforceable by estoppel if the restrictive covenants are violated openly for a sufficient period of time in order for a Court to declare that the restriction has been abandoned.
Agreements For Restrictive Covenant In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
More info
Law Offices of Donald W. Hudspeth PC assists Arizona businesses with the development and enforcement of restrictive covenants. When an employee breaches a non-compete agreement or solicits business away from a former employer, an attorney is necessary.Contact us at . When creating, reviewing or litigating restrictive covenants in Arizona, it is critical to understand what they mean and when they are enforceable. An experienced employment law attorney can help Arizona businesses draft enforceable covenants that protect their legitimate business interests. Talk to our law firm, which will represent your non-compete agreement case before Arizona courts. We negotiate separation agreements as well. Grantor and grantee must sign and have signatures notarized. Learn more about non-compete agreements in Arizona and how our team of employment attorneys can help you draft, enforce, or dispute a non-compete agreement. Noncompete agreements in Arizona are perfectly legal and will be enforced when they meet certain conditions.