This flashcard is just one of a free flashcard set. See all flashcards!
118
Real Covenants (definition and 2 sides)
Definition:
promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors.
Every real covenant has two sides: the burden and the benefit.
1.Duty to perform the promise: burden
2.Right to enforce the promise: benefit
promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors.
Every real covenant has two sides: the burden and the benefit.
1.Duty to perform the promise: burden
2.Right to enforce the promise: benefit