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Illinois Declaration of Restrictive Covenants

Illinois Declaration of Restrictive Covenants

Category:

Real Estate - Covenants

State:

Illinois

Control #:

IL-LR140T

Format:

Instant download

Description

A restrictive covenant is an agreement that limits the way you can use a property. This Covenant is in regards to the creation of a condominium.

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FAQ

Limitations On Home Color. Rent And Lease Restrictions. Restrictions On Business Usage. Limitations On Permissible Pets. Requirements For Exterior Maintenance. Restrictions On Exterior Constructions.

A restrictive covenant is a clause in a deed or lease to real property that limits what the owner of the land or lease can do with the property. Restrictive covenants allow surrounding property owners, who have similar covenants in their deeds, to enforce the terms of the covenants in a court of law.

Enforcing Restrictive Covenants An injunction is a discretionary remedy which a court is more likely to grant if it is applied for promptly. However before taking legal action it is important to establish that you do have the right to enforce the covenant.

Can I get a restrictive covenant removed? If there is a covenant on your property which is obsolete, you can make an application to the Upper Tribunal (Lands Chamber) (which use to be known as the Lands Tribunal) asking for the covenant to be discharged or modified.