RESTRICTIVE COVENANTS.Arizona recently passed legislation expanding the list of invalid restrictive covenants Restrictive covenants Provisions that place constraints on the operations of borrowers, such as restrictions on working capital, fixed assets, future borrowing, and payment of dividends. to include those based on handicap, religion and national origin. Restrictive covenants are provisions in a deed limiting the use of a property and prohibiting certain uses. Historically, restrictive covenants based on race have been held unconstitutional unconstitutional adj. referring to a statute, governmental conduct, court decision or private contract (such as a covenant which purports to limit transfer of real property only to Caucasians) which violate one or more provisions of the U. S. Constitution. as they violate the 14th Amendment. California, Colorado, Massachusetts, Michigan, Oklahoma, Tennessee and Texas have similar statutes. Several of these states invalidate in·val·i·date tr.v. in·val·i·dat·ed, in·val·i·dat·ing, in·val·i·dates To make invalid; nullify. in·val covenants based on race and religion while others void covenants based on an even more extensive list including sex, race, color, religion, ancestry an·ces·try n. pl. an·ces·tries 1. Ancestral descent or lineage. 2. Ancestors considered as a group. [Middle English auncestrie, alteration (influenced by , national origin and disability. |
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