Covenants Diagrams Spring 2010
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Transcript of Covenants Diagrams Spring 2010
Original Covenantor
Original Covenantee
Deed of Covenant
Positive and Restrictive Covenants at Law
Successor in Title
Successor in Title
Benefit of the Covenant runs with the land of the Covenantee - Benefit can be enforced by the Original Covenantee and successors in title (where the Covenant is expressed to benefit the Original Covenantee’s successors in title –s70(1) Conveyancing Act)
Original Covenantor
Original Covenantee
Deed of Covenant
Positive and Restrictive Covenants at Law
Successor in Title
Successor in Title
Successor in Title
Burden does not run with the land of the Covenantor - Benefit cannot be enforced by the Original Covenanteeagainst successors in title to the Original Covenantor
Successor in Title
Successor in Title
Original Covenantor
Original Covenantee
Deed of Covenant
Positive Covenants (at Law and in Equity) # 1
Successor in Title
Successor in Title
Benefit may be enforced by the Original Covenantee only and only against the Original Covenantor (usual position)
Successor in Title
Successor in Title
Original Covenantor
Original Covenantee
Deed of Covenant
Positive Covenants (in Equity) # 2
Successor in Title
Successor in Title
Benefit may be enforced by the Original Covenantee only and only against the Original Covenantor unless rule in Frater v Finlay can be applied
Successor in Title
Successor in Title
Original Covenantor
Original Covenantee
Deed of Covenant
Restrictive Covenants (in Equity)
Successor in Title
Successor in Title
Benefit may be enforced by the Original Covenantee and any of its successors in title against the Original Covenantor and any of its successors in title provided eight requirements are met for Torrens Title and four requirements in Tulk v Moxhay are met for OST
Successor in Title
Successor in Title