Restrictive Covenants in Residential Transactions
Restrictive covenants are one of the most challenging aspects of residential conveyancing, as they dictate what owners can or cannot do with their land.
According to experts, these binding promises frequently surface during title investigations and can be complex to navigate.
Expert Insights
In a recent webinar, Ian Quayle, Managing Director of IQ Legal Training, and Rosella Lanza, Content Analyst at InfoTrack, discussed the intricacies of restrictive covenants and provided practical guidance for solicitors.
Restrictive covenants are contractual obligations that limit land use.
The session focused on identifying, advising on, and managing restrictive covenant issues within residential transactions, and is now available to watch on demand.
Key Takeaways
- Restrictive covenants are binding promises that limit land use.
- They can continue to bind successors in title, even if originally agreed between different parties.
Author's summary: Experts discuss navigating restrictive covenants in residential transactions.
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