QUESTION
how can I get a Restrictive Covenant changed?
Asked on Oct 30th, 2014 on Business Law - Maryland
More details to this question:
Restaurant has a restrictive covenant on property. I would like to know how can I go about having it changed
1 ANSWER
Real Property Attorney serving Bethesda, MD
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One of the ways a restrictive covenant on property may be deemed invalid is if, after the passage of time, circumstances have changed such that the purpose of the covenant is obsolete or there is some other reason that warrants lifting the covenant. In some cases, a covenant can be deemed waived if it has not been enforced. An experienced real estate attorney or, in your case, restaurant lawyer, may be able to review the covenant and examine the surrounding facts to determine if there are grounds to have the covenant changed or lifted entirely.
Answered on Nov 03rd, 2014 at 8:09 AM