n. 1) an agreement included in a deed to real property that the buyer (grantee) will be limited as to the future use of the property. Example: no fence may be built on the property except of dark wood and not more than six feet high, no tennis court or swimming pool may be constructed within 30 feet of the property line, and no structure can be bui...
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http://dictionary.law.com/Default.xhtml?selected=1836
in Anglo-American property law, an agreement limiting the use of property. Known to Roman law but little used in England or the United States until ... [5 related articles]
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http://www.britannica.com/eb/a-z/r/38
A legal restriction on the use of property imposed for the benefit of a neighbouring landowner and enforceable by him/her (e.g. not to use property for a business). Many properties are subject to restrictive covenants
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http://www.elc.org.uk/pages/lawlegalglossary.htm
Please see Commerical Insurance for who to contact.
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http://www.encyclo.co.uk/local/20197
A restrictive covenant is where an obligation is imposed on an employee or director either in an employment contract or financing document preventing the employee/director from doing something during or after his employment has terminated. This usually covers engaging in competitive businesses or poaching staff or customers. Particularly where post...
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http://www.encyclo.co.uk/local/20456
In law, an obligation created by deed that curtails the rights of an owner of land or leaseholder; for example, by prohibiting business use. Anyone acquiring...
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http://www.encyclo.co.uk/local/20688
An agreement that prevents you from doing, something, such as making excessive noise or using the property for particular purposes.
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http://www.encyclo.co.uk/local/20698
An agreement by the owner of land (the servient land) not to do something, like build on the land. If such a covenant is made with the owner of land nearby, it may be enforceable against subsequent owners of the servient land. An undertaking in an employment agreement that the employee will not do certain things, like work for a competitor, after ...
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http://www.encyclo.co.uk/local/20912
A term in a contract of employment which prevents an employee from doing certain things after leaving that employment. Examples include: -non solicitation - an employee is bound not to poach work from his or her ex-employer; -non competition - an employer is bound not to go into competition with his or her ex-employer; -confidentiality - where an e...
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http://www.encyclo.co.uk/local/20921
(n) Restrictive covenant is the agreement or provisions contained in a deed of transferring a real property which limits the scope and application of the property so transferred. Eg. A deed containing a restrictive covenent that the property may not be used for any business activity other than for charity
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http://www.encyclo.co.uk/local/21213
A contract clause requiring executives or other highly skilled employees to refrain from seeking and
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http://www.encyclo.co.uk/local/22403
is often included in long-term contracts and contracts of employment to stop the parties working with competitors during the period of the agreement and for some time thereafter. However, unless carefully written the courts will see them as being a restraint of trade and not enforce them.
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https://www.encyclo.co.uk/local/20914
No exact match found.
