South Carolina Agreement Creating Restrictive Covenants

State:
Multi-State
Control #:
US-00404BG
Format:
Word; 
Rich Text
Instant download

Description

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.

The South Carolina Agreement Creating Restrictive Covenants refers to a legally binding contract that imposes certain limitations or restrictions on the use of a property or land in South Carolina. This agreement is typically entered into between two parties, namely the property owner or developer, and the buyer or lessee, to regulate and control the use of the property. Restrictive covenants serve a variety of purposes, such as maintaining the aesthetic appeal, preserving the property value, protecting certain rights, or ensuring the orderly development of a particular area. These agreements can vary in their content and scope, depending on the specific requirements and considerations of a particular property or development. Several types of South Carolina Agreement Creating Restrictive Covenants exist based on their application and specificity. Some common types include: 1. Residential Restrictive Covenants: These agreements are commonly found in residential subdivisions or communities. They establish rules and regulations concerning various aspects, such as architectural style, property use, landscaping, or maintenance standards. These covenants aim to preserve a desired aesthetic or character of the neighborhood, ensure a level of consistency among properties, and protect property values. 2. Commercial or Industrial Restrictive Covenants: These agreements are commonly used in commercial or industrial developments to regulate the use of properties in a business context. They may include provisions related to permitted business activities, building design, signage restrictions, parking requirements, noise limitations, or other aspects specific to the commercial or industrial sector. 3. Environmental Restrictive Covenants: These agreements are designed to protect environmentally sensitive areas or natural resources. They may include provisions related to restrictions on land use, conservation measures, preservation of wildlife habitats, protection of wetlands, or limitations on chemical use. These covenants aim to mitigate the impact of development on the environment and promote sustainable practices. 4. Conservation Easements: Although slightly different from restrictive covenants, conservation easements are legally binding agreements that limit certain uses or development on a property to protect its natural, historical, or cultural resources. Such easements typically involve a landowner and a conservation organization, and may provide tax benefits to the property owner. It is important for parties involved in a South Carolina Agreement Creating Restrictive Covenants to carefully review and understand the obligations and limitations imposed, as violation of these covenants can often result in legal consequences or enforcement actions. Seeking legal advice and conducting due diligence is advisable to ensure compliance with the agreement and applicable laws.

Free preview
  • Preview Agreement Creating Restrictive Covenants
  • Preview Agreement Creating Restrictive Covenants
  • Preview Agreement Creating Restrictive Covenants

How to fill out South Carolina Agreement Creating Restrictive Covenants?

US Legal Forms - one of the largest collections of legal templates in the U.S. - offers a variety of legal document formats that you can download or print.

By using the site, you can access thousands of forms for business and personal purposes, organized by categories, states, or keywords. You can quickly obtain the latest versions of forms such as the South Carolina Agreement for Creating Restrictive Covenants.

If you already hold a membership, Log In to download the South Carolina Agreement for Creating Restrictive Covenants from the US Legal Forms library. The Download button will appear on every form you view.

Once you are satisfied with the document, confirm your choice by clicking the Get Now button.

Then, select your preferred pricing plan and provide your details to register for an account.

  1. You can access all previously saved forms in the My documents tab of your account.
  2. If you are using US Legal Forms for the first time, follow these straightforward steps to get started.
  3. Ensure you have selected the right form for your city/county.
  4. Click the Preview button to review the document’s content.
  5. Refer to the form summary to confirm that you have selected the correct document.
  6. If the document doesn't meet your requirements, utilize the Search box at the top of the screen to find one that does.

Form popularity

FAQ

Yes. However, the restriction is more likely to be upheld if the clause only restricts the employee from dealing with customers/clients with whom the employee had contact with during a specified period (often 12 months) before termination. The restriction should also be limited in time.

A restrictive covenant is a condition that restricts, limits, prohibits, or prevents the actions of someone named in an enforceable agreement. In bond obligations, restrictive covenants limit the amount issuers can pay in dividends to investors.

Generally speaking, South Carolina courts do not favor covenants not to compete.

If there is a restrictive covenant on your property you may be able to remove it. The first step would be to negotiate with the original developer or landowner to enter into a formal agreement to remove the covenants from the title.

Non-compete clauses and restrictive covenants are highly enforceable in the UK in order to protect the business the employee is leaving. They have to be narrowly defined and should only stay enforced for the time that is required to protect the business.

How enforceable are restrictive covenants? The general position is that post-termination restrictive covenants are void on public policy grounds as being in restraint of trade, unless they are being used by the employer to protect a legitimate business interest.

How legally binding are restrictive covenants? Providing restrictive covenants are not void for restraint of trade and required to protect legitimate business interests, they will be viewed as legally binding. If restrictive covenants are introduced to existing employees, employer's need to provide consideration.

Breaching a restrictive covenant leaves you open to potential legal action from the other party, if they wish to enforce the covenant. If you are taken to court and the other party is successful, you might have to undo any work carried out and may face a fine or have to pay damages, as well as legal fees.

Interesting Questions

More info

For example, non-compete agreements are unenforceable in California, even if the employee signed the contract voluntarily and was compensated for entering into ... How To Fill Out South Carolina Agreement As To Restrictive Covenants? · Make sure that the sample you found is eligible for use in the state it is necessary in.Right of homeowner or tenant to fly United States flag; restrictive covenants and rental agreements; definitions. (A) Regardless of any restrictive covenant ... Non-competition agreements (the most restrictive of the covenants) prohibit thecourts in South Carolina, Georgia and elsewhere routinely strike these ... Covenants usually arise in a contractual agreement between theand so planning permission does not overrule a restrictive covenant. Receive free daily summaries of new opinions from the South Carolina Court ofThere are several ways in which restrictive covenants may be created. Restrictive covenants are often associated with protecting standards for the benefits of residents in the vicinity, for example defining the ... Change(s) does not make the covenant more restrictive on the employee. Hawaii. Hawaii Rev. Stat. § 480-4(c) provides: A. ?covenant or agreement by an ... contract? theory or the ?property? theory of equitable servitudesSouth Carolina recognizes a historical disfavor for restrictive covenants based upon ... WHEREAS, Owner hereby expressly imposes a RESTRICTIVE COVENANT upon the Subject Property as set forth herein. NOW THEREFORE, in consideration of the foregoing ...

For example, a restrictive covenant may require a buyer to pay a certain percentage of the home's purchase price if the buyer fails to make his or her mortgage payments every month on time. However, restrictive covenants do not prevent a buyer from making any payments over time if the buyer is otherwise qualified for the loan. Also, restrictive covenants do not prevent a buyer who is a senior citizen from paying in full at age 65 as long as the buyer qualifies for the loan. You can learn more about restrictive covenant requirements and restrictions in the chart below.

Trusted and secure by over 3 million people of the world’s leading companies

South Carolina Agreement Creating Restrictive Covenants