What options best describe "covenants appurtenant"?

Prepare for the Minnesota Real Estate Salesperson Exam. Engage with flashcards and multiple choice questions, each with hints and explanations. Ace your exam!

Covenants appurtenant are indeed best described as those that run with the land and are binding on successors. This means that these covenants are tied to the property itself rather than to the individual owner. When a property with an appurtenant covenant is sold or transferred, the new owner is automatically subject to the same obligations or benefits established by the original covenant.

This legal principle ensures that certain rights, restrictions, or obligations related to the use and enjoyment of land continue to apply even as ownership changes over time. Covenants appurtenant may be related to various uses of the property, including residential, commercial, or mixed-use scenarios, as they are essentially part of the real estate itself.

In contrast, covenants that are personal do not carry over to new owners; they only bind the original parties involved. Options related to specific property types, such as commercial or residential exclusivity, do not accurately characterize the broader applicability and nature of appurtenant covenants. The defining feature is their connection to the land, maintaining their binding effect on subsequent owners.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy