This is a document which confirms that the buyer of a property will comply with the rules and conditions affecting the property which can be found in the Title Deed or Lease.
a legally binding agreement that is written down and agreed between two people stating that one person agrees to pay the other an agreed amount of money without receiving any benefit in return
The document expressing the terms of a covenant (a binding agreement), which may typically be imposed by a lender to restrict certain activities, such as use of a house for commercial purposes, or sub-letting.
A commitment to make annual payments to a beneficiary for a minimum period whereby income for tax purposes is reduced and the beneficiary's income is thereby increased. Close