Ward v. Prospect Manor Corp.

Neither the validity nor the binding effect of the'restrictive covenant is challenged by the appellants. It is well established that such covenant, inserted by the proprietor in a conveyance of his lands, inures to the benefit of all the purchasers where it is inserted for the purpose of carrying out a general plan or scheme of development, and that it constitutes at least an equitable servitude upon the land, and constitutes a valuable property right which a court of equity will enforce in the absence of facts and circumstances making such enforcement unjust or inequitable. Boyden v.…