chapter 12 Flashcards

1
Q

Real covenants in law

A

promises or agreements related to the use or condition to a piece of property

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2
Q

Burden of covenants to run with the land under common law

A

1.)SOF
2.)Intent
3.)Touch + concerns
4.)Vertical privity
5.)Horizontal Privity

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3
Q

Burden of covenants intent requirement (common law)

A

the original party must have intense for the successor to be bound.

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4
Q

Burden of covenants touch and concern requirement (common law)

A

Must relate to the property itself,A covenant touches and concerns the land if it restricts the promisor’s rights to the land, or if it decreases the value of the land.

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5
Q
A
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6
Q

Real covenants in Law

A

promises or remedies related to the use or condition to a piece of property.

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7
Q

Burden of the Covenants to run with the land

A

these elements must be satisfied under common law (SIPT)
1.)SOF
2.)Intent
3.)Horizontal + Vertical Privity
4.)Touch and Concern

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8
Q

Vertical Privity

A

The promissory must have transferred the entire estate to the successor.

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9
Q

Horizontal privity

A

landlord-tenant relationship; grantor-grantee relationship; Assignor-assignee relationship
Horizontal privity-if the covenantor and covenantee created the covenant in connection w/a conveyance of an estate from one to the other

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10
Q

Remedy for equitable servitude

A

remedy is equitable relief, such as a lien or foreclosure on lease

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11
Q

Covenatns in gross

A

personal covenant that does not run with the land

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12
Q

Termination of covenants

A

PLACE
1.)Public policy consideration
2.)Laches
3.)Abandonment
4.)Changed neighborhood
5.)Estoppel Estoppel

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13
Q

Equitable estoppel

A

concerning misleading conduct that concerns, misleading conduct, reliance, and injury

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14
Q
A
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