Real Covenants & Equitable Servitudes Flashcards
Private promissory obligations
Regarding land use
That are enforceable not only between the original parties but also by and against the original parties’ successors in interest simply because they have succeeded to the original parties’ properties
Real Covenants & Equitable Servitudes
Generally authorize an affirmative use of the servient land
Usually impose only a passive obligation on the servient landowner
Easements
Generally impose an affirmative obligation on the servient owner
Real Covenants & Equitable Servitudes
If all requirements are satisfied, a _______ can be enforced either as a real covenant or as an equitable servitude.
promise
An enforceable promise between the original parties that binds successor owners
Real Covenants
A promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors
Real Covenants
2-sided promise
Real Covenants
the right to enforce the promise
Benefit
the duty to perform the promise
Burden
promise to perform a particular act
Affirmative covenant
a promise not to perform a particular act
Negative covenant
Compliance with the Statute of Frauds
Original parties must have had the intent for the covenant to “run with the land” and bind successor owners
The covenant must “touch and concern” the land
Notice to the successor owner
Horizontal privity
Vertical privity
Elements
Real Covenants
Must relate to the use, enjoyment, or occupation of real property
touch and concern
The original parties to the promise must have been in privity of estate
mutual interest and successive interest standards
Horizontal privity
The original party to the promise and the successor must be in privity of estate
The successor must have received the same estate that the original party had, i.e., conveying FSA from A to B
Vertical privity