covenantee in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Covenantee: a party in a contract who is granted rights or benefits and is responsible for ensuring compliance with the terms of the agreement.
Sample Sentences
- A covenantee in the contract is responsible for ensuring that all parties adhere to the agreed terms.
- In real estate transactions, the covenantee must often provide assurances regarding the property’s condition.
- The lawyer explained that the covenantee had the right to seek damages if the covenant was breached.
- As part of the agreement, the covenantee was granted specific rights to enforce the stipulated restrictions.
- Understanding the role of a covenantee is crucial for anyone entering into a legal binding agreement.