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All main topics / Law / Property / Property
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
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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010

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