A residential property in Lethbridge has a restrictive covenant registered on its title that states 'No commercial vehicles exceeding 5,000 kg GVW shall be regularly parked on the property.' A prospective buyer, who owns a large delivery truck for his business, is concerned this might limit his use of the property. His real estate associate should advise him that:

Question: A residential property in Lethbridge has a restrictive covenant registered on its title that states 'No commercial vehicles exceeding 5,000 kg GVW shall be regularly parked on the property.' A prospective buyer, who owns a large delivery truck for his business, is concerned this might limit his use of the property. His real estate associate should advise him that:

Answer options:

• Restrictive covenants are informal agreements and are rarely enforced by law.
• As long as he registers his truck as a personal vehicle, the covenant does not apply. ✅ Restrictive covenants run with the land and are legally binding on future owners, meaning enforcement is possible and would affect his intended use.
• Restrictive covenants only apply to the original owners who created them.

Correct answer: Restrictive covenants run with the land and are legally binding on future owners, meaning enforcement is possible and would affect his intended use.

Explanation: Restrictive covenants are legally binding agreements registered on title that 'run with the land,' meaning they bind all subsequent owners and can be enforced by those who benefit from the covenant.