Running with the Land
RUNNING WITH THE LAND
Passing with a transfer of the property. A provision in a deed by which the person to whom the land is transferred agrees to maintain a fence is an example of acovenantthat runs with the land.
A covenant, a written promise or restriction on the use of land, is said to run with the land when either the obligation to perform it or the right to take advantage of it passes to the one to whom the land is transferred.
More From encyclopedia.com
Land Grants , LAND PATENTS. In English colonial America, the Crown made large grants of territory to individuals and companies. In turn, royal colonial governors l… Easement , A right of use over the property of another. Traditionally the permitted kinds of uses were limited, the most important being rights of way and right… Terrier , terrier1 register of landed property. XV. — OF. terrier, sb. use of adj. :- medL. terrārius, f. L. terra land. Real Estate Industry , LAND COMPANIES. From the Virginia Company of 1603 and its grant of land in North America, through the Great Depression of the 1930s, land companies e… Carey Land Act , LAND ACTS. United States land policy has favored putting public lands into private hands, spending income from the sale of public lands to pay public… Covenant , An agreement, contract, or written promise between two individuals that frequently constitutes a pledge to do or refrain from doing something.
The in…
You Might Also Like
NEARBY TERMS
Running with the Land