The promises of God as revealed in the Scriptures, conditioned on certain terms on the part of man, as obedience, repentance, faith, etc.
A solemn compact between members of a church to maintain its faith, discipline, etc.
An undertaking, on sufficient consideration, in writing and under seal, to do or to refrain from some act or thing; a contract; a stipulation; also, the document or writing containing the terms of agreement.
A form of action for the violation of a promise or contract under seal.
To agree (with); to enter into a formal agreement; to bind one's self by contract; to make a stipulation.
To grant or promise by covenant.
A promise contained in a contract or agreement.
A stipulation in a loan agreement which restricts the borrower’s freedom of action while the loan is outstanding. Designed to protect the interests of the lender.
A condition on the property deeds. Covenenents can be positive (example, you must keep a shared access clear), or a negative covenant (example, you are not permitted to allow hedges to grow above a certain height).
A written document in which signatories either commit themselves to do a certain thing, to not do a certain thing or in which they agree on a certain set of facts. They are very common in real property dealings and are used to restrict land use such as amongst shopping mall tenants or for the purpose of preserving heritage property.
A binding and solemn agreement, contract, or promise between God and a person or group of persons upon which eternal blessings are based.
An agreement between two parties. Used to describe the agreements God has made at various times with his people.
A promise in a deed to undertake (a positive covenant), or to abstain (a restrictive covenant), from doing specified things. They are usually contained in the title deeds. The buyer must comply with them, and they usually apply to all future owners of the property.
an agreement between parties. Used in the Hebrew bible as a compact between God and the people of Israel. freedom of belief - UUA Bylaws Section 2.4 Freedom of Belief "Nothing herein shall be deemed to infringe upon the individual freedom of belief which is inherent in the Universalist and Unitarian heritages or to conflict with any statement of purpose, covenant, or bond of union used by any society unless such is used as a creedal test."
Real property restriction and/or encumbrance.
Covenant is from the Hebrew [ ber-eeth] meaning to cut, and by extension means an agreement (or more accurately a "promise" or pledge) to do something. In Theological terms, Covenants such as the the Old Covenant (or Testament), and the New Covenant, are promises made by God to His people. [ back
One of a number of enforceable promises, which can govern the use of land. Others are called Restrictions, Easements, and Equitable Servitudes.
a bond, agreement or treaty.
An agreement or pact between two parties. Hittite suzerainty covenants (treaties) were the model for Israel's relation with God.
a legal promise to do or not do a certain thing. For example, in a financing arrangement, company management may agree to a negative covenant, whereby it promises not to incur additional debt. The penalties for violation of a covenant may vary from repairing the mistake to losing control of the company.
An agreement restricting the way in which land can be used. A common covenant prevents land from being used for non-residential purposes.
An agreement between an individual or people and God.
A biblical term describing an 'agreement' between God and his people.
An agreement between two or more persons, often written into a deed, to do or refrain from doing certain acts.
A MUTUAL AGREEMENT OF TWO OR MORE PARTIES. USUALLY DONE BETWEEN LENDER AND / OR OWNER AND PURCHASER / BORROWER. THIS IS A BINDING AGREEMENT.
a written contract contained in the deed.A covenant declares that an individual will either avoid certain acts on a specific property or will perform certain actions on the property.A covenant can also stipulate or prohibit specific uses of a piece of real estate.
n. a treaty, contract or agreement between two parties; v. to establish a covenant relationship. In the ANE, there are three basic types of covenants: the land grant (a deed whereby a landowner gives part of that property to a another party/client), the parity treaty (between two equal parties) and the suzerainty treaty (between a suzerain/overlord and a vassal). The HB describes God's relationship with Israel as a covenant relationship dating back to Abraham. There are various traditions characterizing this covenant relationship, and using all three of these models to illustrate it.
Binding agreement made by two or more persons or parties; compact.
In biblical terms, typically an agreement made between individuals or groups in which expectations or requirements are placed on both parties, although the word is also used to describe some of the more significant promises Yahweh makes to certain individuals/groups in the Old Testament, even though these promises may be one-sided.
the agreement between G-d and the Jewish people that was laid down in the time of the Patriarchs, especially Abraham. The essence of it is that G-d will always look after His people as long as they obey His laws, and the sign of this will be the circumcision of all men. up
same as restrictive covenant
covenant: term used to describe God's promise and/or agreement with his Sons and Daughters.
The special relationship which exists between God and the Jewish people following his gifts to them of the Exodus (freedom), the Torah (instructions about how to live) and the land of Canaan.
Agreement entered into by party to a deed
An agreement contained in a deed and creating an obligation. It may be positive, stipulating the performance of some act, or it may be negative and restrictive, forbidding other acts.
An agreement between a company's creditors and its managers that often restricts the managers' behaviour in some way. These restrictions are usually designed to protect the creditor's investment, and they are often written in terms of accounting numbers and ratios.
A written, signed agreement by two or more parties pledging that something is done, shall be done, or shall not be done as, for example, a covenant not to sue.
A legal agreement or restriction on the use of the land. This is often used with homeowners associations to enforce restrictions on changing the outside structure appearance or maintenance responsibilities.
Promise in a deed that affects or limits the use of the conveyed property.
A written agreement in a deed which pledges that either party will perform or abstain from specified acts on a certain property, or which specifies or forbids certain uses of the property.
A legally binding obligation contained in a deed ˆ Top of page ˆ
A rule, a law, a restriction prohibiting an individual or a company from performing unauthorized acts.
Either of the promises made by God in the Torah. God promised to take care of the Jewish people in exchange for their following his commandments.
An agreement between a Mormon and God. A worshipper will make a pledge to be virtuous, chaste, generous and to perform other duties.
Mortgage clause obligating or restricting borrower; violated covenant can result in foreclosure.
A legal requirement in the conveyance for either vendor or purchaser to do or not to do something in relation to the property.
An agreement between a charity and a donor for a certain amount to be given over a certain period of time.
A stipulation set in a written agreement that, if broken, can result in foreclosure.
promise in a trust indenture or other formal debt agreement that certain acts will be performed and other refrained from. Designed to protect the lender's interest, covenants cover such matters as working capital, debt-equity ratios, and dividend payments.
God's promise of blessing to be fulfilled on the performance of a condition, as of obedience
This means something, which has been promised within a deed.
Insertion of written agreement into deeds and other documents promising performance of certain acts, or stating certain uses of real estate.
An agreement creating an obligation contained in a deed. Some covenants are said to 'run with the land'; in these cases the liability or benefit of the covenant is passed to the buyer of the land on transfer of the title.
A restriction or requirement, affecting the use of the land, which is written into the title. Covenants are usually inserted by the original developer of the land, eg one house only on the land.
agreement/contract between God and people
A legally enforceable written promise relating to property documents, including leases. A restrictive covenant may bar certain activities such as extending a property. In leases, covenants may require floors to be carpeted so as to reduce noise levels for others, for example.
A special promise from a girllover to his or her special friend detailing how he or she will treat her, regardless of how she treats him or her.
A legally enforceable promise or restriction in a mortgage or other legal document and which, if violated, can result in default and foreclosure.
A condition, contained within the Title Deeds or lease, that the buyer must comply with, which is usually applied to all future owners of the property. A restrictive covenant is one that prohibits the owner from doing something.
Binding agreement between states; used synonymously with CONVENTION and TREATY. The major international human rights covenants, both passed in 1966, are the INTERNATIONAL COVENANT ON CIVIL AND POLITICAL RIGHTS (ICCPR) and the INTERNATIONAL COVENANT ON ECONOMIC, SOCIAL AND CULTURAL RIGHTS (ICESCR).
A clause in a mortgage that obligates or restricts that borrower and which, if violated, can result in foreclosure.
A legally enforcable promise or restriction in a mortgage regarding the use and maintenance of property.
A written agreement between two or more parties in which a party or parties pledges to perform or not perform specified acts with regard to property; usually found in such real estate documents as deeds, mortgages, leases, and land contracts.
A promise made by one person to another.
an agreement entered into by one or more parties to a deed
An agreement between the parties in a deed whereby one party promises either (1) the performance or non-performance of certain acts with respect to the land or (2) that a given state of things with respect to the land are so; e.g., covenant that the land will be used only for residential purposes.
a legal term that refers to agreements or provisions of agreements.
Covenants, Conditions & Restrictions (CC&Rs)
An agreement by one party to adhere to certain terms, conditions or restrictions regarding a property. A covenant is not usually valid unless noted on the title to the land. The nature of the covenant should always be established and the question asked: What effect will this covenant have upon the future plans for the property
A promise in an indenture, or any other formal debt agreement, that certain activities will or will not be carried out. The purpose of a covenant is to give the lender more security. Covenants can cover everything from minimum dividend payments to levels that must be maintained in working capital.
Obligates or restricts the borrower and if violated can result in foreclosure or repossession of the property.
An agreement to do or not do something contained in a deed. Covenants can be made by the current or any prior owner of the land, for example to maintain boundary walls or fences.
A clause in a mortgage that obligates or restricts the borrower and that, if violated, can result in foreclosure.
An agreement creating a binding obligation. These can be positive or negative or restrictive.
the act of God in freely establishing a mutually binding relationship with humankind
An agreement written into deeds and other instruments promising performance or non-performance of certain acts, or stipulating certain uses or non-uses of the property. Also called a restriction.
a bond entered into voluntarily by two parties by which each pledges himself or herself to do something for the other. The idea of the covenant between the God of Israel and his people is fundamental to the religion of the Old Testament (Cross, The Oxford Dictionary Of The Christian Church).
A legally binding promise, which may restrict the usage of a property (for example not to park a caravan in the driveway ) or obliges the owner of the property to do something (for example to keep a fence in good repair).
A covenant is an agreement, pledge or condition that may be included as part of an agreement. For example, a builder may include a covenant that states that storage sheds cannot exceed a dimension of 10 feet by 12 feet.
A legally enforceable promise or restriction in a contract. For example, a purchaser on a mortgage, trust deed or land contract may covenant to keep the property in good repair and adequately insured against fire and other casualties. The breach of a covenant usually creates a default and can be the basis for foreclosure. _______D_______
An agreement creating an obligation, contained in a deed, mortgage or other instrument.
A contract or promise that two or more persons or entities enter into and is usually under a seal.
A promise to use or not use a property in a specific way.
Also called a deed of restriction, this agreement between seller and buyer of property restricts the use of the property as to height, setback, or other restrictions on a new home or other structures on the subject property.
An agreement contained within a deed or lease that either imposes an obligation either to do or not do something.
A binding agreement that is freely entered into by two or more parties. The parties to this solemn agreement may be individuals or groups of people. They may be of equal or unequal status.
Occasionally, a contract for a property (or mortgage) can include covenants. A covenant could place an obligagtion on the owner (eg: a boundary hedge must be maintained below a certain height) or perhaps restrict them (eg: the size of any extension to the property). The contract for the property should also make clear what penalties (if any) are applicable if the convenant is broken.
A written agreement or restriction on the use of land or promising certain acts. Homeowner Associations often enforce restrictive covenants governing architectural controls and maintenance responsibilities. However, land could be subject to restrictive covenants even if there is no homeowner's association.
An agreement or testament between men or between God and His people. In the Old Testament, God chose the people of Israel, ending with John the Baptist, to prepare the way for the coming of His Only Begotten Son. Through Christ, the covenant was perfected, and the promises of God to Abraham and the Jews are fulfilled through the Church, the New Israel, the New Covenant people of God. See Gen. 13:14-16; Gal. 3:6-9; 1 Pet. 2:9, 10.
a binding agreement between two parties.
An agreement that is usually formal, solemn, and intended as binding. Compact, security, pledge. An undertaking or promise of legal validity. The promises of God as revealed in the Scriptures condition on certain terms on the part of man (as obdience, repentance, and faith). An agreement regarded as having been made between God and His people Israel whereby Israel was to be faithful to God and God was to protect and bless His faithful people.
An encumbrance on title or an agreement, promise or condition contained in a contract (deed) whereby one party pledges to another that something will be done or abided by. (conditions affecting the use of land or property which is written into the title).
A clause in a contract; an agreement contained in a deed for the performance or non-performance of certain acts.
A legally binding promise, in a property context, the term is used to indicate the perceived ability of a tenant to meet his or her rent obligations- sometimes called covenant strength.
A solemn, usually oath-bound, pledge between two or more parties. The Bible teaches that God deals with man by means of a covenant relationship. All the leading covenants in the Bible between God and believing man are aspects of a single covenant relationship: the Abrahamic covenant, the Mosaic covenant, the Davidic covenant, the New Covenant, and so forth. The Old Covenant and the New Covenant are not descriptions of certain "dispensations" or time periods. Rather, they are subjective states of man's relation to God in both the Old and New Testaments - and today.
An agreement creating an obligation contained in a deed (q.v.). A covenant may serve the same purpose as a bond (q.v.).
A clause in a legal document which, in the case of a mortgage, gives the parties to the mortgage a right or an obligation. For example, a covenant can impose the obligation on a borrower to make mortgage payments in certain amounts on certain dates. A mortgage document consists of covenants agreed to by the borrower and the lender.
Generally, almost any promise set forth in a written agreement. Most commonly, assurances set forth in a deed by the grantor or implied by law. eed: A legal document conveying title (ownership) to real property from one individual to another. asement: The right to enter or use a portion of the land of another for a specific purpose.
A written agreement inserted into deeds or other legal instruments stipulating performance or non-performance of certain acts or, uses or non-use of a property and/or land.
An agreement written into deeds and other instruments promising performance or non-performance of certain acts, or stipulating certain uses or non-uses of the property. Cul De Sac-The terminus of a street or alley. "Usually laid out by modern engineers to provide a circular turn around for vehicles. In French 'the bottom of the sack.'
Covenants are promises contained in deeds. They are enforceable. There are basically two types: positive & negative The positive covenant requires the person bound by it to do something, for example, to build or maintain something. A negative covenant prevents the person from doing something, for example, not building or not erecting a fence.
A promise or agreement, usually in writing, whereby a party pledges or guarantees to another that something is done or shall be done, or stipulates to the truth of certain facts.
See Restrictive Covenant.
A written agreement or promise of two or more parties by which either pledges to perform or not to perform specified acts on a property, or which specifies certain uses or non-uses of the property.
A sacred, irrevocable promise between God and man. "You are sons of the prophets, and of the covenant which God made with our fathers, saying to Abraham, And in your seed all the families of the earth shall be blessed" (Acts 3:25).
1. A written agreement or promise to do or not do something. 2. A stipulation that a property be used or not used for a particular purpose or purposes. 3. A guarantee that some state of facts exists (good title in a grantor of a deed). It occurs in such documents as leases, mortgages, land contracts and deeds.
a written commitment contained in a contract, lease, deed, or other form of agreement.
Terms, conditions and restrictions noted on the title. A covenant may affect future plans or resale of the property.
A written promise or provision in a contract between two parties in which one or more parties agree to perform or not perform certain acts. These stipulations are found in leases, deeds, and mortgages, and if not met, can be cause for a lender to foreclose.
An agreement or promise, under which one party pledges to the other that something has been done or will be done, or vouches for the truth of certain facts. Covenants are either positive or negative, and relate as a rule to the relationship between vendor and purchaser, or landlord and tenant. A positive covenant is one by which the party binds him/herself to do some act or carry his/her rights in relation to the other party, or promises not to do a certain thing. Covenants are also express or implied: express, where they are set out in terms; implied, where the mere relationship of the parties automatically creates the covenant.
A solemn agreement or sealed contract.
A legally binding promise or agreement.
An agreement written into deeds and other instruments between two or more persons who promise to do or not to do a certain act, or who stipulate certain uses of non-uses of the property, or that a given state of things does or docs not exist.
A clause in a contract that obligates or restricts the parties and if broken, can result in a legal action.
A contractual promise to do (or not to do) some sort of business or financial activity. Someone working for a firm in a sensitive industry, such as defence, might covenant not to work for any of the firm’s rivals for a certain period of time after their employment has ended.
A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are found in deeds or in documents that bind everyone who owns land in a particular development. See covenants, conditions and restrictions.
A LEGALLY BINDING OBLIGATION WHICH YOU OWE TO US OR WE OWE TO YOU.
a solemn agreement between two or more persons or groups, a compact between God and man. The Old Testament tells of the covenant the Jews made with Allah.
A promise; in real property law, a promise made by a landowner with respect to uses of the land limiting or prescribing the uses to which the land will be put.
A stipulation in any mortgage that, if not met, can be cause for the lender to foreclose.
A covenant is an agreement between two parties. Covenants in antiquity were diplomatic and economic in nature, much as today, and the literary conventions of these ancient covenants were used to portray the relationship between God and Israel. There are several covenants in the Bible: with Noah (Gen 9), with Abraham (Gen 15; 17), with Moses (Exod 20), with David (2 Sam 7:8-17), and through Jesus (Matt 26:26-30; 2 Cor 3:4-18).
Solemn or written agreement.
A legally binding contractual obligation under which a landlord or a tenant agrees to do something, or agrees to refrain for doing something.
Restriction, agreement or condition attached to a property deed or title that creates a specific obligation that the owner must continue to meet (e.g., maintenance of historically accurate exterior construction).
A promise made by the covenantor in favor of the covenantee, in a legal document known as a deed.
A covenant is a sacred and binding agreement made in love between persons or between persons and God.
Most commonly in real estate, assurances set forth (expressed) in a deed by the grantor or implied by law.
Protective clause in an indenture.
A restriction on a borrower imposed by a lender. For example, it could be a requirement to maintain specific financial ratios in order to retain the financing.
(1) A formal agreement or contract between two parties in which one party gives the other certain promises and assurances, such as the covenant of warranty in a warranty deed. (2) Agreements or promises contained in deeds and other instruments for performance or nonperformance of certain acts, or use or nonuse of property in a certain manner.
An issuer's enforceable promise to perform or refrain from performing certain actions.
A clause in a contract that obligates or restricts the parties and which, if violated, can result in legal action.
A promise contained in a deed.
A divine contract which governs the administration of the Plan of God between God and a single man, who may also be a mediator between God and mankind. God defines the conditions of the contract, the period of time for execution, and the judgment for violation.
A legal assurance or promise in a deed or other document, or implied by the law.
a formal agreement between Yahweh and the Hebrew people - if the Hebrews worshiped Yahweh as their only god, he would consider them his chosen people and protect them from their enemies. (p. 38)
A requirement to adhere to certain terms, conditions or restrictions regarding a property.
Agreements written into deeds and other recorded instruments promising performance or nonperformance of certain acts or stipulating certain uses or nonuses of the property.
A legal requirement of the owner to do, or not to do, something in relation to the property. For example; restrictions on its use, changes to its appearance. Deeds: All the legal documents relating to the property. (See also Title Deeds)
A written restriction on the use of land, most commonly in use today in homeowners associations. Back
This is an agreement or promise in the form of a deed binding the person or persons signing the covenant to do certain things or not to do them, including make specified payments of money.
A legal promise in a note, loan agreement, security agreement or mortgage to do or not to do specific acts; or a promise that certain conditions do or do not exist. A breach of a covenant can lead to the ãinjured partyä pursuing legal remedies and can be a basis for foreclosure.
An agreement noted on the title to property requiring the property owner to adhere to certain terms, conditions or restrictions regarding a property. The nature of any covenant over a property should always be established before you enter into a contract to purchase the property.
An obligation or requirement of the title holder of a property to do or not do something (for example, that no more than one dwelling should be built on the land).
a promise within a contract for the performance or non-performance of a specified act.
A legally enforceable promise, as the covenant in a mortgage by which the borrower agrees to keep the property in good repair, adequately insures against fire and other casualties, etc. The breach of a covenant in the mortgage usually creates a default as defined by the mortgage and can be a basis for foreclosure.
A protective clause in an agreement.
A formal legal agreement such as the International Covenant on Civil and Political Rights or the International Covenant on Economic, Social, and Cultural Rights.
A written agreement which defines or restricts the use of a given property. This may include, architectural restrictions or maintenance requirements.
An agreement in a deed by which one person engages to do something beneficial, or to abstain from doing something prejudicial to another person.
An agreement or promise contained in a deed, where a person agrees either to do, or not to do, something.
A promise in an agreement or contract agreeing to performance or nonperformance of certain acts, or requiring or preventing certain acts or uses.
To agree. A written agreement or promise - usually under seal between two or more parties
official, signed agreement to do something or not to do something
An agreement or promise to do or not to do a particular thing; to enter into a formal agreement; a promise incidental to a deed or contract. The following are functional objectives guiding most covenants: full disclosure of information, preservation of net worth, maintenance of asset quality, maintenance of adequate cash flow, control of growth, control of management, assurance of legal existence and concept of going concern, provision for lender profit or program goals.
A sacred agreement between God and man. As men and women obey the terms of the agreement, God promises blessings. Doctrine and Covenants A Mormon sacred text containing selected revelations given to Joseph Smith and his successors in the presidency of the Church.
A legally enforceable promise or restriction in a mortgage. For example, the borrower may covenant to keep the property in good repair and adequately insured against fire and other casualties. A breach of covenant in a mortgage usually creates a default as defined by the mortgage, and can be the basis for foreclosure.
A restriction or condition affecting the property which must be observed or performed
the theopolitical relationship between YHWH and Israel. It emphasizes the interdependence of two paths of relation: divine chosenness (human beings and God) and ethical responsibility (interpersonal). Covenant differs conceptually from contract in that the former emphasizes "mutuality with" while the latter emphasizes "protection from." See also Ethical Monotheism, Prophet, Prophetic Tradition. ("Deuteronomist"): according to the Documentary Hypothesis, "D" constitutes the independently-created source material for the Book of Deuteronomy in the Torah. It is dated from the reign of Josiah (640-609 BCE), during a period of intense religious reform, just prior to the Babylonian conquest of Judah (the Southern Kingdom of Israel).
An agreement by a borrower to undertake (a positive covenant) or not to undertake (a negative covenant) a specific action. Breaching a covenant is considered an event of default.
Rules and regulations governing the property contained in its title deeds or lease.
agreement, contract, testament. Scripture speaks of God's covenant with Noah (Genesis 6:18-21), Abraham (Genesis 15:18-21), Israel at Sinai (Exodus 24:7-8), and David (2 Samuel 7). Through the work of the Messiah, God established a new covenant (Jeremiah 31:31-34, 1 Corinthians 11:25) in which he promises the forgiveness of sins.
A protective clause in a bond's indenture.
the terms, conditions and restrictions noted on a property title
A binding agreement made by two or more parties to either do or keep from doing a specified thing.
With regard to property usage; it is a promise (agreement) to do or not to do a particular thing while in possession of the property.
Loan agreement rules for the borrower as dictated by the lender.
A promise in a mortgage or deed that requires or prevents certain uses of the property that, if violated, may result in loss or foreclosure of the property.
(Hebrew berit or brit) A pact or formal agreement between two parties in which there are mutual obligations and expectations; covenant is used as a metaphor of God's relationship with his people; the major covenants in the Old Testament are God's covenant with Abraham (Genesis 15), and the Sinai/Moses covenant (Exodus 19-24) between God and Israel; the Priestly writer used a succession of covenants to track the development of salvation history; in Judaism, the covenant is a major theological concept referring to the eternal bond between God and the people of Israel grounded in God's gracious and steadfast concern (Hebrew chesed) that calls for the nation's obedience to the divine commandments (mitzvot) and instruction (torah); for Christianity (e.g. Paul), God has made a "new covenant" (rendered as "new testament" in older English) with the followers of Jesus in the last times, superseding the "old covenant" (thus, "old testament") with Moses at Sinai (see Jeremiah 31:31-34). See Part 1, Chapter 1, Chapter 2, Chapter 3, Chapter 5.
A legal requirement incorporated in the conveyance requiring either seller or buyer to do or not to do something in relation to the property.
A covenant was an agreement or contract among Puritans that was intended to ensure the upright behavior of all who migrated to the Massachusetts Bay colony. Settlers believed that they made a covenant with the Lord to create a godly society, and in their towns and churches, settlers made covenants whereby they agreed to live and worship in harmony. Also, more broadly, a covenant is a formal agreement or contract.
A promise written into deeds, mortgages and other financial instruments that obligates or restricts the borrower. The violation of some covenants can result in foreclosure.
A promise made in a contract or property deed.
A formal and binding agreement made in a contract or property deed.
An agreement by the borrower to perform certain acts (such as the provision of financial information), to refrain from certain acts (such as charging it assets or incurring further indebtedness beyond an agreed limit) and to meet agreed financial covenants.
An agreement contained in a deed and creating an obligation. It may be positive, stipulating the performance of some act. It may be negative or restrictive, forbidding the commission of some act.
Promise made by a borrower in a term loan agreement
A legally binding commitment by the issuer of municipal bonds to the bondholder. In land-secured financings, such as assessment districts or Mello-Roos, the issuer may have a foreclosure covenant promising to initiate foreclosure on delinquent property within 180 days. An impairment of a covenant can lead to a Technical Default.
Generally, any written agreement. Most commonly in real estate, items set forth in a deed by the grantor or implied by the law.
Covenant, in its most general sense, is a solemn and bilateral promise to do or not do something specified.
Covenant, meaning a solemn contract, oath, or bond, is the customary word used to translate the Hebrew word berith (ברית, Tiberian Hebrew bərîṯ, Standard Hebrew bərit) as it is used in the Hebrew Bible. The equivalent word in the Septuagint and the New Testament is diatheke.