Common use of Covenants to Run with Land Clause in Contracts

Covenants to Run with Land. All covenants, conditions, and restrictions contained in this Grant Deed shall be covenants running with the land, and shall, in any event, and without regard to technical classification or designation, legal or otherwise, be, to the fullest extent permitted by law and equity, binding for the benefit of, and in favor of, and enforceable by Grantor, its successors and assigns, against Grantee, its successors and assigns to or of the Property. The covenants contained in this Grant Deed shall not be construed as conditions subsequent which might result in forfeiture of title.