A Restrictive Covenant is a legally enforceable deed, often restricting the use, occupation or density of a property or development site. This is a contractual arrangement or a clause in a lease to a property that limits what the owner of the land can do with the property.
Our Indemnity cover provides relief in the event that a third party seeks to enforce a restrictive covenant on a property or development site. This policy also covers the subsequent owners of a property and mortgage lenders. Our cover provides for any loss in the value of the property, costs to free the property from the restriction and any legal expenses involved.
If you would like to receive a quote for this policy, please fill out and return the form below to .
If you would like more information about One Guarantee’s Restricted Covenants, please call us on 01603 218 288.