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Are you sure its a covenant and not a planning restriction ?
There has to be a time limit on a covenantIt's definitely a covenant, as the property used to belong to my aunt, and it was in the sale particulars
There are two issues here.It's definitely a covenant, as the property used to belong to my aunt, and it was in the sale particulars
Covenants do not need time limits provided they are properly reserved for the benefit of neighbouring land.There has to be a time limit on a covenant
It does on freehold propertyCovenants do not need time limits provided they are properly reserved for the benefit of neighbouring land.
It's definitely a covenant, as the property used to belong to my aunt, and it was in the sale particulars
It does on freehold property
Nearly all of that is incorrectThe covenant must have been put in place by a previous owner to your aunt when they sold the property. Usually it is a person who owns the adjacent land and places the covenant to protect the property they are retaining. It is highly likely that whoever presently owns the adjacent land controls the covenant.
Covenants never expire they pass on with ownership of the land/property. If a seller imposes a covenant when selling adjacent land the benefit of it passes to all future owners. The only way out of a covenant is a shed load of cash.
My lawyer (a specialist in this area) says it's all correct.Nearly all of that is incorrect
My barrister says not .My lawyer (a specialist in this area) says it's all correct.
My barrister says not .
A covenant is an article to uplift the value of property , it's a negotiation , but it has to be formulated according to law .My lawyer (a specialist in this area) says it's all correct.