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118
Real Covenants (definition and 2 sides)
Definition:
promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors.
Every real covenant has two sides: the burden and the benefit.
1.Duty to perform the promise: burden
2.Right to enforce the promise: benefit
promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors.
Every real covenant has two sides: the burden and the benefit.
1.Duty to perform the promise: burden
2.Right to enforce the promise: benefit
