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Deed of Covenant in United Kingdom

Definition of Deed of Covenant

In accordance with the work A Dictionary of Law, this is a description of Deed of Covenant : A *deed containing an undertaking to pay an agreed amount over an agreed period. Certain tax advantages could be obtained through the use of covenants, particularly in the case of four-year covenants in favour of charities. This was superseded by *gift aid in April 2000.

Deed of covenant in the Context of Mortgages

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.

Similar Terms

Breach of covenant

Breach of covenant

The failure to obey a legal agreement. Breach of warranty A seller’s inability to pass clear title to a buyer.

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(2017, 05). Deed of Covenant lawi.org.uk Retrieved 07, 2021, from https://lawi.org.uk/deed-of-covenant/

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"Deed of Covenant" lawi.org.uk. lawi.org.uk, 05 2017. Web. 07 2021. <https://lawi.org.uk/deed-of-covenant/>

"Deed of Covenant" lawi.org.uk. 05, 2017. Accesed 07 2021. https://lawi.org.uk/deed-of-covenant/

Agostino Von Hassell, 'Deed of Covenant' (lawi.org.uk 2017) <https://lawi.org.uk/deed-of-covenant/> accesed 2021 July 28

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Schema Summary

  • Article Name: Deed of Covenant
  • Author: Agostino Von Hassell
  • Description: Definition of Deed of Covenant In accordance with the work A Dictionary of Law, this is a description of Deed of Covenant : [...]

This entry was last updated: May 10, 2017

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Financial Law


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