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Legal Jargon Buster - What's a Covenant?

What's a "covenant"?

A covenant is a formal agreement of legal validity between two or more persons to do, or not to do, something.

An individual making a promise or agreement is called the covenantor.  An individual to whom such a promise is made is called the covenantee.

For example, a covenant could be made to make regular payments to a charity; a covenant to repair is an agreement by a Landlord or Tenant or keep a rented property in good condition.

If you would like to know more about covenants, please contact Oliver Richardson in our Property Team.

 

Written By: Feona L Horton

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