What term best describes contractual agreements that restrict the use of land, ostensibly in order to preserve the value of adjacent land or a neighborhood

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Answer 1

In law, a restrictive covenant is the arrangement that generally restricts use of land in order to preserve the value of adjacent land or a neighborhood.

What is a restrictive covenant?

In an agreement, a restrictive covenant is a kind of condition that confers a restriction, limits or prohibition on the actions of someone named in an enforceable agreement.

In conclusion, these covenant in law is such arrangement that restricts a use of land in order to preserve the value of adjacent land or a neighborhood.

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Related Questions

Retrenching to a narrower diversification base is Group of answer choices a strategy that allows a diversified firm's energies to be concentrated on building strong positions in a smaller number of businesses rather the stretching its resources and managerial attention too thinly across many businesses. Sometimes an attractive option for deepening a diversified company's technological expertise and supporting a faster rate of product innovation. A strategy best reserved for companies in poor financial state. An attractive strategy option for revamping a diverse business lineup that lacks strong cross-business financial fit. Usually the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth

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Retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company.

What is diversification?

It should be noted that diversification simply means an investment strategy that's used to reduce risk in business.

In this case, retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.

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Explain the differences and similarities between compound interest (for money saved) and compound growth (for money invested).

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The similarities between compound interest and compound growth is that both are important for one to grow his money.

What is compound interest?

It should be noted that compound interest simply means the addition of interest to the principal sum money.

The similarity between compound interest and compound growth is that both are important for one to grow his money.

The difference is that compound growth calculates the gains based on the added result from the prior period.

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if the economy is in long-run equilibrium at potential output and the money supply ______ then in the long run, prices will decrease and output will ___ g

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If the economy is in long-run equilibrium at potential output and the money supply increases, then in the long run, prices will increase and output will remain the same.

What is a long-run equilibrium?

This means the situation where all markets are in equilibrium and all the prices & quantities therein have been fully adjusted and in equilibrium.

Therefore, the word "increase" and "remain the same" is correct.

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How is capital deepening related to economic growth?

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Capital deepening simply increases the marginal product of labor thereby contributing to economic growth.

What is capital deepening?

Capital deepening simply means the increase in the proportion of the capital stock in relation to the number of labor hours worked.

In this case, capital deepening simply increases the marginal product of labor thereby contributing to economic growth.

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explain which government does not truly get to decide how to spend all the money in its budget

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The government who has not received the approval of the budget from the legislators.

What is government spending?

Government spending includes expenses incurred by the government expenditure on consumption such as food, investment, and transfer payments.

It includes the federal, state, and local governments' expenses.

Therefore, The government who has not received the approval of the budget from the legislators.

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