tl;dr: Covenants run with land and bind subsequent purchasers if (1) they are intended to run with the land; (2) they concern/touch the land; and (3) there is privity of estate between the enforcement right of the promisee and the obligation of the promisor.
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IRACIssue, Rule, Analysis, Conclusion
Facts & Holding
Facts:The original realty company who developed a community conveyed deeds...
Holding:The bank was held to the covenant, because it met...
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