What is a Covenant?
A restrictive covenant details a property owner’s obligations, as well as what they’re allowed to do with it. For example, a restrictive covenant might state there is no more than one property to be built on a patch of land.
Often, restrictive covenants are put in place by the original property developer, in order to protect the look and feel of the development. In this instance, the covenant may well be used to limit the number of dwellings per property, the types of fences used, and the facades used on the buildings.
If you’re after detailed information on restrictive covenants, it’s best to speak with your conveyancer or solicitor.