What are restrictive covenants?
A restrictive covenant is a promise by one person to another, (such as a buyer of land and a seller) not to do certain things with the land or property. It binds the land and not an individual owner, it "runs with the land". Which means that the restrictive covenant continues over the land or property even when the current owner(s) sells it to another person. Restrictive covenants continue to have effect even though they may have been made many years ago and appear to be obsolete.
Examples of restrictive covenants are:
- not to keep a caravan on the property
- not to run a business from the property
- not to keep any animals other than domestic pets on the property
- not to display advertisements, bills or placards on the property other than a notice that the land or property is to let or for sale.