Which of the following statements about restrictive covenants is TRUE?

a. They take priority over less restrictive zoning ordinances.

b. Unlike other private controls, they may be discriminatory.

c. They are used exclusively for residential properties.

d. They are permanent and unchangeable.

Question

Business

Jamie Peterson

21 June, 19:50

Which of the following statements about restrictive covenants is TRUE?

a. They take priority over less restrictive zoning ordinances.

b. Unlike other private controls, they may be discriminatory.

c. They are used exclusively for residential properties.

d. They are permanent and unchangeable.

+2

Answers (1)

Know the Answer?

Imani · Answer 1

"A"

Explanation:

Restrictive covenant is a form legally binding agreement, used in trading and employment contracts, that confines buyer to certain conditions and keep them away from some others. This means that a legal suit can be initiated if violated. It can be further grouped into non-compete, non-solicitation and non disclosure and confidentiality agreement.

Due to its legal and enforceable nature, it takes priority over less restrictive zoning ordinances.

Which of the following statements about restrictive covenants is TRUE?a. They take priority over less restrictive zoning ordinances.b. Unlike other private controls, they may be discriminatory.c. They are used exclusively for residential properties.d. They are permanent and unchangeable.

Which of the following statements about restrictive covenants is TRUE?

a. They take priority over less restrictive zoning ordinances.

b. Unlike other private controls, they may be discriminatory.

c. They are used exclusively for residential properties.

d. They are permanent and unchangeable.