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What is a building covenant?

A building covenant is a restriction or requirement set out by the developer of a subdivision on the type of house / shed / fence that may be built on blocks contained within the subdivision. The building covenants form part of an agreement between the developer and the buyer of the block of land. It is important that when the buyer sells the land, even if a house has been constructed in accordance with the building covenants that they include in the contract, a clause requiring the new buyer to also be bound by the building covenants is included.

Building covenants are generally accepted as a good idea as they increase the value of the area and ensure that no substandard homes are built in that area.

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