A Covenant May Be Described As

question 202

Multiple Choice

A covenant may be described as:

• A) a promise that attaches to real property
• B) a positive obligation for an estate owner to do something
• C) a negative obligation for an estate owner not to do something
• D) an obligation imposed on a new owner of property
• E) all of the other choices

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Definitions:

Acquisition

The process of gaining possession or control of something, which can refer to knowledge, skills, or even companies in a business context.

Case Study Method

A research approach that focuses on in-depth analysis of a particular case, situation, or instance to explore and understand complex issues.

Structured

Organized in a clear, systematic way, often with a well-defined framework or outline.

Formalized

Pertaining to the establishment of procedures or rules that are officially documented and enforced within an organization, leading to structured operations.