Property Ownership
In Mississippi, a 'covenant running with the land' is binding on subsequent owners when it:
AIs recorded in the county chancery clerk's office only
BTouches and concerns the land, is intended to bind future owners, and there is privity of estate✓ Correct
CIs agreed to verbally by the original parties
DApplies only for a period of 25 years
Explanation
For a covenant to run with the land (binding successors), three elements traditionally must be present: (1) it must touch and concern the land (affect how the land is used), (2) the original parties must have intended it to bind future owners, and (3) there must be privity of estate between the original parties.
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