What does Restrictive Covenant mean?

A restrictive covenant is basically a legally binding notification in which the owner restricts the new proprietor/leaseholder to bring certain changes, improvements to the property. These restrictions you will find being mentioned in the deed when you are about to buy/lease a property or even a flat.

You may find restrictions of the simplest sort and up to most bizarre requirements like not being allowed to paint your house green if you wish so, because al the houses are painted white, so you should stick to that as well, so as not to create disproportions in the neighborhood’s outlook.

However, most generally you will find restrictions regarding the additional building of a property, or if you are allowed to build it may be stipulated that the height of it should not exceed x meters. When you buy the respective property, before the exchange of contracts the solicitor must reveal these restrictive measures imposed on the property, to you.