Property Ownership
In Tennessee, a 'covenant running with the land' is enforceable against:
AOnly the original parties to the agreement
BAll subsequent owners of the burdened property if it runs with the land✓ Correct
COnly neighboring property owners
DOnly the current owner of record
Explanation
A covenant running with the land is binding on all future owners of the burdened property, not just the original grantor/grantee, as long as the requirements for covenants running with the land are met.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
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