Breach of covenant
The mortgage definition for Breach of covenant:
The failure to obey a legal agreement. Breach of warranty A seller's inability to pass clear title to a buyer.
Deed of covenantDeed of covenant
This is a document which confirms that the buyer of a property will comply with the rules and conditions affecting the property which can be found in the Title Deed or Lease.
Click to compare definitions of Breach of covenant
Click to view definitions beginning br
www.mortgage-terms.co.uk is a finance, business, investment and stock market resource of common mortgage words. Stamp Duty Calculator - Income Tax Calculator.