Property Ownership

What is the difference between a covenant running with the land and a personal covenant?

AThey are the same in Ohio
BA covenant running with the land binds all future owners; a personal covenant binds only the original parties✓ Correct
CPersonal covenants are more permanent
DRunning covenants only apply to commercial properties

Explanation

A covenant running with the land is binding on and enforceable by all subsequent owners (it transfers automatically with the property). A personal covenant only binds the original contracting parties and does not transfer with ownership.

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