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An agreement requiring the property owner to adhere to certain terms, conditions or restrictions regarding their property.
We recommend the scope of any covenant over a property should be established before you enter into the process of acquiring a property.
A restrictive covenant is an Encumbrance that that is attached to the land. It may have an expiry date or it may state that some of the covenants are not to expire and consequently, you should be aware of the effect it my have on your use (including future development plans) of the property.
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