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Real Estate Glossary

Covenant

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Written by Richard Wilson

This is a condition or agreement written in a real estate site deed or title that prevents or restricts someone from using the property for specified purposes. An example of this is when a particular property should only be used for residential purposes.

This is a condition or agreement written in a real estate site deed or title that prevents or restricts someone from using the property for specified purposes. An example of this is when a particular property should only be used for residential purposes.

About the author

Richard Wilson