covenants Flashcards

1
Q

covenants are always binding on the

A

original parties

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2
Q

covenants are usually not

A

implied, rather are written

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3
Q

what does it mean for a covenant to run with the land

A

go beyond the use of the original party

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4
Q

elements for covenant to run with the land 5
HIT NV

A
  1. horizontal privity
  2. intent
  3. touches and concerns
  4. notice
  5. vertical privity
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5
Q

intent

A

usually shown by contract language, typically inferred (heirs and assigns)

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6
Q

touches and concerns

A

must affect the lan itself or property valued
- can be relate to what is to be done on the land or the value
(can be restrictions, additions, homeowner associations)
- must benefit the people who are providing money

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7
Q

notice

A

party to be bound must be on notice
- can be actual or constructive
- like it the area has a common scheme development

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8
Q

horizontal privity

A

must be connected by something more than the covenant (i.e, buyer/seler, landlord/tenant)

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9
Q

vertical privity

A

the new party must have the same interest as the original owner (FSA to FSA)

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10
Q

termination of covenants can be either

A

due to changed circumstances or due to public policy

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11
Q

termination of covenants due to changes circumstances

A
  • only when violations are so pervasive that the area covered by the covenant has changed
  • changes must have been so radical as to have destroyed the covenants essential purpose
  • even if a covenant leads to an inequitable/disfavored outcome, it is still enforceable
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12
Q

termination due to public policy

A

a covenant can be found invalid if public policy changes and makes the covenant invalid

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13
Q

condos, hoas are created by common interest communities, courts do not consider..

A

individual hardships
- generally these covenants are valid so long as they are reasonable and rational

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