PropertyAlternative user value Open market value Fail rent Sub Leasing Equity linked mortgage Town and country planning
Qualified Covenant
A legal document may include a restriction that restricts the rights of a person with an interest in the land. However, there is a possibility to remove this limitation if both parties agree to certain terms. For example, a lessee may have a covenant not to assign or sublet without the written consent of the landlord. In some cases, statutory law can strengthen the applicant's stance by including phrases such as "such consent not to be unreasonably with-held".
Related terms
Understand the meaning and definition of Alternative user value in the context of stock market, trading, and investments.
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