Property Ownership
In NJ, a 'covenant running with the land' is binding on future owners because it:
AIs negotiated anew with each buyer
BIs recorded in the deed and meets the legal requirements (intent, touch and concern the land, privity) to bind all subsequent owners✓ Correct
CIs filed with the NJREC
DOnly applies during the original owner's lifetime
Explanation
A covenant that runs with the land is a recorded restriction that, when it meets the legal tests (intent to run, touch and concern the land, privity of estate), is binding on all future owners of the property.
Related New Jersey Property Ownership Questions
- In New Jersey, 'police power' refers to the government's right to:
- A life estate grants the life tenant the right to use the property:
- A NJ property owner who grants a neighbor the right to use a portion of their land for a driveway has created a(n):
- A NJ homeowner who believes their property tax assessment is too high may appeal to the:
- In NJ, a 'quiet title' action is a lawsuit filed to:
- In NJ, a 'satisfaction of mortgage' is recorded to:
- In NJ, the county recorder (county clerk) is responsible for:
- In New Jersey, property taxes are assessed by:
Practice More New Jersey Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Jersey Quiz →