covenantor


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Related to covenantor: covenantee

covenantor

a party who makes a promise and who is to perform the obligation expressed in a COVENANT.

COVENANTOR. One who becomes bound to perform a covenant.
     2. To become a covenantor a person must be sui juris, and intend, at the time of becoming bound, to covenant to perform some act mentioned in the covenant. He can be discharged from his covenant by performance, or, by the act of the covenantee, as the non-performance of a condition precedent, a release, or a rescission of the contract.

References in periodicals archive ?
Gallagher followed the Restatement of Property to hold that even the original covenantor was released from real covenant liability upon conveying the burdened land to a new owner.
59) According to long-established tax law principles, such transfers could be deducted from the income of the covenantor and added to that of the covenantee.
Price includes return flights, coach travel in Scotland, three nights half-board staying at the Covenantors Inn, Aberfoyle, single rail journey from Arrochar and Tarbet to Oban, single journey from Crianlarich to Fort William, tour of the Trossachs and visits to Edinburgh and Stirling.