Legal Definitions - covenant of good right to convey

A covenant is a formal agreement or promise made in a contract or deed. It can be absolute or conditional, and can require a party to do something or refrain from doing something. In real estate, a covenant can be a promise to use the property in a certain way or a promise that the property is free from encumbrances. A covenant can also be implied by law or inferred from the conduct of the parties.

• An affirmative covenant requires the owner of a property to undertake certain acts on the property, such as maintaining a fence or landscaping.
• A covenant of seisin is a promise made in a warranty deed that the grantor has the right to convey the property and that the property is free from encumbrances.
• A noncompetition covenant is a promise, usually made in a sale-of-business or employment contract, not to engage in the same type of business for a certain period of time in the same market as the buyer, partner, or employer.

These examples illustrate how a covenant can be used in different contexts and can require different types of actions or refraining from actions. They also show how a covenant can be made in different types of contracts or deeds, and can be implied or inferred from the circumstances.