How is the benefit of a restrictive covenant passed under common law?
The benefit of a restrictivecovenant is passed if it touches and concerns the land, and the parties intended for it to remain in effect after the property is sold.
What is a chain of indemnity in the context of positive covenants?
A chain of indemnity allows the original covenantor and each successor in title to obtain an indemnity covenant from the next buyer, ensuring compliance with positive covenants.
How does the enforcement of covenants differ in common law versus equity?
In common law, the burden of a restrictive covenant is not enforceable against subsequent purchasers, while in equity it may be enforceable under certain conditions.