First, specifying and enforcing optimal
protective covenants is costly, and the costs of some conceivable protections exceed the benefits.
Many accounting firms recognize the importance of including the correct and updated form of a
protective covenant in their employment agreements.
Being wary of this wealth transfer to stockholders, bondholders seek to include
protective covenants in bond indentures to deter stockholders and managers from implementing such an asset substitution.
(34) See Barrickman, 2015 WL 2357179 at *1 ("Restriction #6 in the Green Creek Estates' Declaration of
Protective Covenants and Restrictions prohibits 'commercial use' of property.").
O'Toole promotes private zoning and
protective covenants as a policy fix to the abuse of public zoning.
I get involved on both sides of the issue, trying to enforce
protective covenants or trying to protect companies hiring people."
Merlynn could create a private land trust with
protective covenants, which would provide her with additional tax advantages.
"There is still the issue of
protective covenants to pursue, which we know matters.
The judges upheld a lower court ruling that Morrison had breached
protective covenants when he set about widening the shared driveway.
Besides golf, Indiana's smaller-town golf communities are bringing with them development concepts more common in larger cities, For example,
protective covenants are not an especially familiar concept in the Bedford area, but homes at Stone Crest enjoy such protections that dictate home sizes and set other ground rules for development and property upkeep.