A legal covenant is a deal or signed agreement between two individual parties that legally declares a promise to do or not to do something. The individual or the party that makes the promise is called the covenanter and the party that receives the pledge is called the covenantee.There are two types of covenants. A covenant that declares a promise to do something is called a positive covenant. A covenant that restricts someone form doing something is called a restrictive covenant. Covenants are enforceable by the law.Restrictive covenants are present in real estate deals in plenty. They are mainly mentioned in the title deed. In real estate restrictive covenants the seller imposes legal obligations on the buyer regarding what the buyer can and cannot do with the property. The covenants are tied with the land or the property. The covenants cannot be separated and come with the deal whether or not the land or the property is transferred. The covenants are applicable to the present as well as to the successive owner and they can either benefit from the covenant or be burdened by it.Restrictive covenants are applicable to the sale of apartments as well. Some of the common restrictive covenants that are mentioned in an apartment sale deed are:In the apartment the owner cannot store large amounts of combustible materials. Besides it cannot be used for the storage of hideous, offensive, dangerous and hazardous materials. These cannot be stored in the apartment, any of the common areas or even the parking lots where they can cause harm to the other occupiers of the building.No abandoned objects can be placed in the common areas that can cause inconvenience to other occupiers of the building.Some apartments have restrictive covenants that restrict the keeping of pets. But most don’t. but restrictive covenants against pets mention that you cannot breed for profit, have livestock and the well being of your pet is your own responsibility.Residential complexes cannot usually be used for commercial purposes. Most restrictive covenants mention that you cannot use the apartment to run a clinic or any other kind of office. In fact by using the building for commercial purposes, you may even be breaking many other laws apart from just the restrictive covenant of the apartment building.Some restrictive covenants are also extended to the individual painting of the outside walls.Restrictive covenants sometimes also include clause regarding the use of amenities and payment of maintenance fees.Restrictive covenants may seem a bit too binding but in apartments that have a Homeowner’s Association restrictive covenants can be tweaked a little here and there to repeal and modify some clause make every one’s lives easier. This can be done by procedures set in the by-laws that are set in the covenants.In case there is no Homeowner’s Association, the owner of an apartment can put a petition to the court of law to modify or entirely repeal the restrictive covenant. The final decision of whether the covenant should be modified or not, depends on the judge presiding over the case. займ на карту без отказов круглосуточновзять кредит онлайн