What Is a Property Covenant?
The deed to your new property may refer to a covenant, but what exactly is it and what does it mean for you as a homeowner?
Get Quotes
Menu
Top of page
The deed to your new property may refer to a covenant, but what exactly is it and what does it mean for you as a homeowner?
The original landowner (beneficiary/covenantee) will own and enforce the covenant on the property. This could be a private individual or in some cases, a trust or company that owns the covenant.
Yes, you are legally obligated to follow the covenant on a property and can have legal action against you if you break one.
Usually, a covenant is indefinite and has no expiration. However, it is possible for someone to place a covenant with a set expiration date. This information would have to be included in the deed, so check with your conveyancer.
Compare moving quotes in 4 simple steps