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Promises contained in deeds are called Covenants and are enforceable. There are basically two types. A positive covenant requires the person bound by it to do something, for example, to build or maintain something. A negative covenant prevents the person from doing something, for example, NOT building or NOT erecting a fence.
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.