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.
Covenants Form With 2 Points In Washington
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You must record the completed form in the county where the property is located. See Example 1 for a completed Declaration of Covenant.This Declaration establishes a plan for the private ownership of the twelve (12) lots in the. 1) Complete and notarize the recording document. If the legal description does not fit in the space provided, include it on a separate piece of paper. There are two different forms used to set up covenants to protect the SCA associated with public water sources. Any portion of or interest in the Property under principles of Washington State law. B. The Property that is the subject of this Preservation Covenant is former. A covenant is a commitment in a bond or other formal debt agreement that certain activities will or will not be undertaken. In the simplest terms, a restrictive covenant is an agreement between a property owner and other parties that limits the use of a property.