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AromaticTroubledDormouse
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Simple English definitions for legal terms
personal covenant
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A quick definition of personal covenant:
A personal covenant is a promise made between two people that only applies to them and cannot be enforced by anyone else. It is different from a covenant that runs with the land, which means it applies to the property and anyone who owns it in the future. Personal covenants are like a special agreement between friends that only they have to follow.A more thorough explanation:
A personal covenant is a type of covenant that creates a personal right or obligation that is only enforceable between the parties involved and is not binding on their heirs or assigns. This means that the covenant does not run with the land and cannot be enforced by future owners of the property.
For example, if two individuals enter into a contract where one promises to pay the other a certain amount of money, this is a personal covenant. If the person who made the promise dies, their heirs or assigns are not obligated to fulfill the promise.
Another example of a personal covenant is a noncompetition agreement between an employer and an employee. The agreement is only enforceable between the two parties involved and does not bind future owners of the business.