58d57c37_TERMS___Whitehorse_Real_Estate__Definition
[Term] Covenant [Definition] 
A clause in a legal document which, in the case of a mortgage, gives the parties to the mortgage a right or an obligation. For example, a covenant can impose the obligation on a borrower to make mortgage payments in certain amounts on certain dates. A mortgage document consists of covenants agreed to by the borrower and the lender.
WHITEHORSE REAL ESTATE TERMS - Whitehorse Real Estate
Definition