Covenant

A covenant is a binding promise written into a deed or contract, such as a restriction on how a property may be used.

What Covenant means

Deed covenants and HOA covenants govern things like building styles, fences, and rentals. Loan covenants are promises in the mortgage, like keeping insurance in force. Violating a covenant can carry legal or lending consequences.

Florida example

A buyer in a deed-restricted Florida community reviewed the covenants and found a rule barring short-term rentals before deciding the home suited a primary residence.

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