What is a restrictive covenant?

A restrictive covenant is a written promise made by a property owner that limits how the land can be used. It typically involves specific restrictions that can apply to various aspects of property use, such as prohibiting certain types of buildings, limiting the height of structures, or even specifying the character of the neighborhood to maintain certain aesthetics or standards.

This legal tool is used to promote certain goals, such as preserving property values or maintaining a particular community vibe. It is established in the deed of the property or through a separate legal document and is enforceable by the relevant parties (such as neighboring property owners or homeowners' associations). The effects of a restrictive covenant are generally long-term and can bind subsequent owners of the property, making it an important consideration in property law and real estate transactions.

The other options do not accurately define a restrictive covenant. The right to use land for specific purposes pertains more to easements or licenses. A type of lease agreement refers to a contractual arrangement between a landlord and tenant, and legal zoning requirements govern land use at a municipal level rather than establishing covenants between property owners.