Restrictive Covenants in Residential Transactions
Restrictive covenants are a complex aspect of residential conveyancing, representing binding promises that dictate what owners can or cannot do with their land.
They frequently emerge during title investigations and can significantly impact residential transactions.
Understanding Restrictive Covenants
Restrictive covenants are contractual obligations that limit the use of land, originally agreed upon by contracting parties but often continuing to bind successors in title.
Expert Insights
A recent webinar featuring Ian Quayle, Managing Director of IQ Legal Training, and Rosella Lanza, Content Analyst at InfoTrack, delved into the intricacies of restrictive covenants, offering practical guidance for solicitors on identifying, advising on, and managing these issues within residential transactions.
The session is now available to watch on demand.
Restrictive covenants remain one of the trickiest aspects of residential conveyancing.
Author's summary: Exploring complexities of restrictive covenants.
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