Which one the following is true with regard to real-property law?
A) Property includes only the land and not the buildings attached to it.
B) The "leasehold estate" interest in land is the greatest interest that can be granted and bestows the rights to use or sell the property.
C) If two people own land as tenants in common, the surviving joint owner takes the interest of the deceased co-owner.
D) A legal, registered restrictive covenant "runs with the land"; i.e., it can bind subsequent owners who were not parties to the original contract under which it arose.
E) A person who owns an interest less than an estate (e.g., a right of way) has a right to exclusive possession of that property.

Question

Quizplus · Accepted Answer

Restrictive covenants are conditions written into property deeds or lease agreements that restrict the use of the property in some way, and they indeed "run with the land." This means they apply to and bind subsequent owners, not just the original parties to the agreement.

Which One the Following Is True with Regard to Real-Property