What are the various types of restrictive covenants?

Restrictive covenants are agreements between a property owner and another party, such as a lender or buyer, that limit the use of the property. These covenants are designed to protect the value of the property, and are enforced by law. In Washington, there are three main types of restrictive covenants: 1) Easements—which grant one party the right to use another party’s property for a specific purpose, such as installing a fence or utility line; 2) Covenants running with the land—which remain in effect regardless of who owns the property; and 3) Voluntary covenants—agreements between two or more parties that limit the use of the property for a certain period of time. Easements and covenants running with the land are typically permanent, while voluntary covenants expire after a certain time period. In all cases, the terms of any restrictive covenant must comply with local laws and regulations. Violations of these rules can carry serious consequences, such as fines or the revocation of the covenant agreement.

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