Real Covenants Privity Running Of Benefits
Real covenants; Privity; Running of benefits is a key legal principle explored in case law.
Cases Applying This Concept
- Neponsit Property Owners' Ass'n v. Emigrant Industrial Savings Bank15 N.E.2d 793 (N.Y. 1938)
Exam Application
Apply real covenants privity running of benefits by identifying the relevant facts, citing the leading case, and explaining the ratio.