Document background
The Deed of Release of Covenant is utilized when property owners need to remove existing restrictions or obligations that were previously placed on their property. This document is particularly important in real estate transactions where existing covenants may impede property development, sale, or use. Under U.S. property law, the deed must be properly executed and recorded to effectively release the covenant. It typically includes specific property descriptions, clear release language, and proper notarization. The document is commonly used when development restrictions are no longer necessary, when property use changes, or when modernizing outdated restrictions.
