Deed of release of covenants
Deed of release of covenants

The following Property precedent provides comprehensive and up to date legal information covering:

  • Deed of release of covenants

This Deed is made on [date]

Parties

  1. 1

    [name of person releasing the covenants] [of [insert address] OR incorporated in England and Wales with company registration number [insert number] whose registered office is at [insert registered office address]] (the Covenantee); [and]

  1. 2

    [name of person bound by the covenants] [of [insert address] OR incorporated in England and Wales with company registration number [insert number] whose registered office is at [insert registered office address]] (the Covenantor); [and]

  1. 3

    [[name of mortgagee] [of [insert address] OR incorporated in England and Wales with company registration number [insert number] whose registered office is at [insert registered office address]] (the Mortgagee); [and]]

  1. 4

    [[name of tenant] [of [insert address] OR incorporated in England and Wales with company registration number [insert number] whose registered office is at [insert registered office address]] (the Tenant).]

Background

    1. (A)

      The Covenantor is the registered proprietor of the Burdened Land.

    1. (B)

      The Covenantee is the registered proprietor of the Benefiting Land.

    1. (C)

      The Benefiting Land is all of the land identified in the [Transfer OR Conveyance] as having the benefit of the Covenants.

    1. (D)

      [The Tenant is the tenant of the Benefiting Land under a lease dated [insert date] and made between [insert details of parties][, registered at HM Land Registry under title number [insert title number]].]

    1. (E)

      [The Mortgagee is the mortgagee of the Benefiting Land under a mortgage dated [insert date]

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