MLchartDataset catalogue

Covenant

Term · Law · MLC-T-LAW-001372

A formal promise contained within a contract or deed, binding one or more parties to perform or refrain from a specific action. Covenants are classified as either affirmative, requiring a party to do something, or negative (restrictive), prohibiting a party from doing something. For example, a real estate deed might include a restrictive covenant that prevents the property owner from building a fence taller than six feet or from operating a commercial business on the premises.

Table 1. Record
IdentifierMLC-T-LAW-001372
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-001372",
  "term": "Covenant",
  "field": "Law",
  "definition": "A formal promise contained within a contract or deed, binding one or more parties to perform or refrain from a specific action. Covenants are classified as either affirmative, requiring a party to do something, or negative (restrictive), prohibiting a party from doing something. For example, a real estate deed might include a restrictive covenant that prevents the property owner from building a fence taller than six feet or from operating a commercial business on the premises.",
  "url": "https://mlchart.com/terminology/law/covenant/"
}

Record 1,226 of 5,441 in Law terminology (MLC-0107). Request the full dataset.