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restrictive covenant
(redirected from Covenants, Conditions and Restrictions)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
restrictive covenant (ristrik´tiv kuv´nnt),
n common clause found in a contract for the sale of a dental practice. The seller contracts that he or she will not practice dentistry within a certain time and area. A junior partner may be asked to sign such a covenant to guarantee that he or she will not compete with the partnership for a period after leaving the partnership. Also used in an employment situation.


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Take some time to read the Covenants, Conditions and Restrictions (CC&Rs).
Cooper says he'll be able to show in court that the covenants, conditions and restrictions do not prevent him from subdividing the homestead - and Hawkins View neighbors would be glad about his plans if they understood them, he said.
KRIKORIAN ASK THE LAWYER Q I own a home in a community that is governed by a recorded declaration of covenants, conditions and restrictions (CC&Rs).
 
 
 
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