Pennsylvania Express Covenants

State:
Multi-State
Control #:
US-OG-792
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

The racially restrictive covenant (racial covenant) was another tool that early 20th century developers, home builders, and White homeowners used to prevent African Americans from accessing parts of the residential real estate market. northwest Philadelphia. September 29, 1915.

Implied covenants differ from express covenants in that they are not formally written and recorded in the county records. Implied covenants arise through the actions, promises and statements of a land developer, coupled with the reasonable expectations of the purchasers of such land.

They are usually created in a deed between two parties, with one party agreeing to restrict the use of its land in a certain way for the benefit of another's land. For registered properties, any covenants affecting the property will be stated in the title.

To that end, several states, including California, have either passed or are considering legislation that would make this easier to do. On July 1, the California law passed last year to remove such language from home deeds will go into effect.

A restrictive covenant is an agreement you make with a homeowners association that limits the way you can use a property. Restrictive covenants are general rules that members of your HOA vote on that all property owners living in the area must follow.

Racially restrictive covenants refer to contractual agreements that prohibit the purchase, lease, or occupation of a piece of property by a particular group of people, usually African Americans.

The courts will restrain an ex-employee from violating a restrictive covenant only when the circumstances make it reasonable to enforce. However, a Pennsylvania court will look only at the terms when the ex-employer sues for damages, not an injunction. It will not consider the reasonableness of the agreement.

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Pennsylvania Express Covenants