In the labyrinth of property transactions, amidst the piles of legal documents, there's one often overlooked yet crucial piece: the Deed of Covenant. While its significance might not be immediately apparent, this document plays a pivotal role in ensuring the smooth transfer and ownership of property. Let's delve into why the Deed of Covenant is indispensable in property transactions: Legal Clarity: The Deed of Covenant serves as a legal contract between the seller and the buyer, outlining specific obligations and responsibilities regarding the property. Binding Agreements: It solidifies agreements beyond the standard terms of a sale contract, such as maintenance responsibilities, usage restrictions, and financial commitments. Continuity of Obligations: In cases of leasehold properties, where obligations extend beyond the initial transaction, the Deed of Covenant ensures that responsibilities are seamlessly transferred to the new owner. Protection for Buyers: By stipulating...