Topic 10 - Restrictive Covenants Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Define a positive covenant

A

Spending of monies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Define a negative covenant

A

No spending of monies, can comply by doing nothing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Define burden of a covenant for privity of contract

A

Duty to perform an obligation cannot be assigned

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Define burden of a positive covenant for privity of contract

A

Duty to perform an obligation cannot be assigned, it will be performed by a particular person

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Define benefit of a positive covenant for privity of contract

A

The benefit can be enforced only if its annexed to land

How well did you know this?
1
Not at all
2
3
4
5
Perfectly