Definition of «restrictive covenants»

Restrictive covenants refer to a type of contractual agreement that places restrictions on an individual's behavior, actions or decisions. These agreements are often used in real estate transactions and can include clauses that limit what a property owner may do with their land or building. For example, a restrictive covenant might prohibit the construction of additional structures beyond a certain height, prevent the use of specific materials, or require approval from other property owners before making changes to one's property. The purpose of these agreements is typically to maintain consistency in architectural styles and landscaping within a neighborhood or community, protecting property values and preserving the overall appearance of the area.

Phrases with «restrictive covenants»

Sentences with «restrictive covenants»

  • His emphasis is in prosecution and defense of restrictive covenant claims. (goldberglawoffice.com)
  • Employers will often include restrictive covenant clauses in their employment agreements in order to protect their business interests in the event of an employee's departure from employment. (williamshrlaw.com)
  • If you or your business need a review of your current employee restrictive covenant agreements or are looking into establishing these agreements in your business, we would be happy to help. (wisconsinbusinesslawblog.com)
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