Restrictive Covenant Definition and Legal Meaning
On this page, you'll find the legal definition and meaning of Restrictive Covenant, written in plain English, along with examples of how it is used.
What is Restrictive Covenant?
(n) Restrictive covenant is the agreement or provisions contained in a deed of transferring a real property which limits the scope and application of the property so transferred. Eg. A deed containing a restrictive covenent that the property may not be used for any business activity other than for charity