Preservation Covenant Sample Contracts

PRESERVATION COVENANT
Preservation Covenant • December 18th, 2019

INTRODUCTION. This preservation covenant is made the X day of MONTH, YEAR, between [Property Owner] as GRANTOR of a preservation covenant (hereafter referred to as the “Grantor”), and the State Historic Preservation Office/Other, as GRANTEE of the preservation covenant (hereafter referred to as the “Grantee”). This preservation covenant is entered under State Law/Regulation for the purpose of preserving the Name of Subject Property, a building that is important culturally, historically, and/or architecturally.

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HISTORIC PRESERVATION COVENANT
Preservation Covenant • February 11th, 2020

This Agreement is made the day of , 20XX, by the City of Detroit (hereafter referred to as the “Grantee”) and in favor of the State of Michigan acting through the State Historic Preservation Officer, Michigan Strategic Fund/Michigan Economic Development Corporation (hereafter referred to as the “SHPO”), for the purpose of the preservation of a certain Property known as Fort Wayne, located at 6235 W. Jefferson Ave, Detroit, MI 48209, which is owned in fee-simple by the Grantee and is listed both on the National Register of Historic Places (NRHP,1971) and as a Detroit Local Historic District (LHD, 2016).

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