Restrictive Covenant: What is the Meaning of Restrictive Covenant?
A restrictive agreement, also called a negative clause, is an agreement or obligation of any kind that prevents the buyer from working or doing anything. In the case of bonds, the issuer is barred from activities such as new loans or other securities transactions.
- Under limited agreements, home buyers must refrain from or refrain from certain actions.
- This can range from the color you can paint for your home, the roof you can install to the number of tenants who can live in a building.
- Buyers who do not comply with the ban may be penalized.
- Violations of contracts can sometimes be violated by making payments to sellers, who must report these payments as capital gains.
Literal Meanings of Restrictive Covenant
Meanings of Restrictive:
Restrict or restrict a person's activities or freedom.
(Relevant clause or explanatory clause) which is used to describe a specific example or example.
Sentences of Restrictive
Mandatory regulatory network
The problem is that some people follow this rule regularly, and you can find many examples of using relative pronouns to initiate sanctions agreements.
Synonyms of Restrictive
special, choice, fashionable, grade A, elite, elegant, select, premier, stylish, high-class, chic
Meanings of Covenant:
Receive by lease, process or other legally binding agreement.
Sentences of Covenant
There is an alliance between them that will never be mentioned
The owner agrees to improve the property
Synonyms of Covenant
guarantee, contract, bargain, entente, pledge, give an undertaking, agreement, compact, bind oneself, accord, pact, warrant, enter into an agreement, arrangement, understanding, protocol, engage, indenture, agree, promise