Bermuda Run Country Club, Inc., developed a tract of land, formed a country club, and sold some of the lots to individual buyers. Following various sales and litigation, an agreement was executed giving the board of governors power to veto club members’ assessments. The agreement declared that this was a restrictive covenant that would run with the land and bind subsequent owners. The corporation that later purchased the country club claimed it did not have that effect. Was the provision in question a restrictive covenant that ran with the land? [Bermuda Run Country Club, Inc. v. Atwell, 465 S.E.2d 9 (N.C. App.)]

  • CreatedJune 06, 2014
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