Restrictions Flashcards
1
Q
Different Approaches
A
- traditional approach- real covenants
- traditional approach- equitable servitudes
- restatement approach (combines real covenant and equitable servitude into one) - Servitude
2
Q
- Traditional approach- real covenants
A
a promise concerning the use of land that benefits and burdens both the original parties to the promise and their successors \
6 elements must be proven for the *burden *of the promise to bind the promisor’s successors
3
Q
real covenants elements
A
- compliance with SOF
- Intent to bind successors
- touch and concern
- notice
- horizontal privity
- vertical privity
(NOTE- Only four elements necessary required for the benefit to run to the promisor’s successors- notice and horizontal privity are NOT required) .
4
Q
- Traditional approaches- equitable servitudes
A
≠ require horizontal or vertical privity but the remedy is an injunction ≠ damages
5
Q
equitable servitude elements
A
- statute of frauds or common plan.
developed has manifested a common plan to impose uniform restrictions- all lots are burdened/benefited even if they do not appear in the chain of title to every lot - touch and concern the land
- intent to bind successors
4, notice (not required for benefit to run)
6
Q
A