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• 1. J

     Restrictive Covenant auto renewal?

     Thanks for this. Could very well explain it.

     • J2W
     • Post #5
     • Nov 15, 2020
     • Forum: Other Real Estate Law Questions
  2. J

     Restrictive Covenant auto renewal?

     Why not just say they run forever "unless an instrument signed by a majority of the owners of the lots shall be recorded agreeing to change said covenants in whole or in part."? Why add the "renew" wording? Seems unnecessary. It just made me wonder if there was some other intent that I was missing.

     • J2W
     • Post #3
     • Nov 15, 2020
     • Forum: Other Real Estate Law Questions
  3. J

     Restrictive Covenant auto renewal?

     State: North Carolina Question regarding wording in neighborhood covenants: In one section of the covenants it states the covenants are to initially run for 25yrs and then automatically renew for consecutive 10yr periods. Why not just say they run forever? Or does something have to happen for...

     • J2W
     • Thread
     • Nov 15, 2020
     • Replies: 7
     • Forum: Other Real Estate Law Questions