covenant running with the land

A covenant that, because it relates to the land, binds successor grantees indefi-nitely.

• The land cannot be conveyed without the covenant.

— Also termed real covenant; covenant running with the title. [Cases: Covenants 53–70. C.J.S. Covenants §§ 6, 25–31.]

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词条贡献者

译者Jeffrey，毕业于国内一流的高级翻译学院，擅长翻译各种与首次公开发行/其他股权或债务发行相关的法律文件。