What is the Definition of a Covenant - Paul Stripp Estate Agency Explains

If you’re a newbie to the property world, then you’re going to need to learn some new terminology. We’ve already covered Gazumping but what about covenant? Let’s take a look. 

What Is A Covenant?

A covenant is a provision or promise that has been written into a deed that may affect or limit the use of the property or land. 

There are two different types of covenant: positive and restrictive. 

A positive covenant is an obligation that requires some form of action (such as maintaining a fence or wall), whereas a restrictive covenant limits and prevents the use of land in a specified way.

Will My Property Have a Covenant?

Not all properties have covenants, but they aren’t uncommon. One of the most recent covenants we dealt with here at Paul Stripp Estate agency was a restrictive covenant prohibiting pigs being bred on the land!

What to Do if Your Property Has a Covenant

If your future home has any hidden covenants, your estate agent and solicitor will bring these to your attention. While you cannot remove some covenants, you will be able to remove others. So it’s worth obtaining legal advice to see if you can clear a restrictive covenant. 

So there you have it - now you know what a covenant is and how to approach one when buying a property. To find out more about purchasing your next home in East Sussex with Paul Stripp Estate Agency, get in touch with us today.