A Raleigh developer wants to build 12 four-story townhouses at 524 and 528 Barksdale Drive in east Raleigh’s Woodcrest subdivision. The city has approved the project but Steve Sypher, owner of Steve ...
Also known as negative easements, restrictive covenants can wreak havoc on the ability to develop property. Recently, in our real estate practice at Farrell Fritz, we have seen two alarming examples.
A restrictive covenant used to block a duplex also barred non-white people from buying or renting it
Using a restrictive covenant in a 1938 deed, neighbors in the Tara-Leeway Heights neighborhood convinced a developer to build a single-family home instead of a duplex. The home, 1313 N. Harrison ...
Employers rely on these provisions not only to protect trade secrets and client relationships, but to protect the return on their substantial investments in employee training. At the same time, ...
The use of a "restrictive covenant" — which excludes use of the land for public housing at a new Tasmanian real estate development — has been condemned by housing advocates, with the state government ...
As States continue to diverge in their interpretation and enforcement of restrictive covenant agreements, it is now more important than ever to ensure those agreements are drafted to conform with ...
So-called “restrictive covenants,” forbidding the sale or rental of real estate to people based on their race or ethnicity, were commonplace in the middle of the 20th century, and many current real ...
If you’re signing an employment agreement or a rental contract, you’ll need to understand what a restrictive covenant is. Learn more in the MoneySense Glossary. This article is 1 year old. Some ...
If you’re a homeowner or thinking of buying a property in the UK, you might have stumbled across the term ‘restrictive covenant’. It may sound like legal jargon but it’s an important part of UK ...
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