Common use of Equitable Servitudes and Covenants Running With the Land Clause in Contracts

Equitable Servitudes and Covenants Running With the Land. Any successors in interest to the City and the Developer shall be subject to the provisions set forth in Government Code sections 65865.4 and 65868.5. All provisions of this Agreement shall be enforceable as equitable servitudes and constitute covenants running with the land. Each covenant to do, or refrain from doing, some act with regard to the development of the Property: (a) is for the benefit of and is a burden upon the Property;

Appears in 6 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

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Equitable Servitudes and Covenants Running With the Land. Any successors in interest to the City and the Developer Owner shall be subject to the provisions set forth in Government Code sections §§ 65865.4 and 65868.5. All provisions of this Agreement shall be enforceable as equitable servitudes and constitute covenants running with the land. Each covenant to do, or refrain from doing, some act with regard to the development of the Property: (a) is for the benefit of and is a burden upon the Property;

Appears in 1 contract

Samples: Development Agreement

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