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单词 Covenant running with the land
释义

Covenant running with the land

英语百科

Covenant (law)

A Florida subdivision plat from 1926 with a racially discriminatory deed restriction:

A covenant, in its most general sense and historical sense, is a solemn promise to engage in or refrain from a specified action. Under historical English common law a covenant was distinguished from an ordinary contract by the presence of a seal. Because the presence of a seal indicated an unusual solemnity in the promises made in a covenant, the common law would enforce a covenant even in the absence of consideration. In United States contract law, an implied covenant of good faith is presumed.

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