Abstract:This chapter presents an overview of restrictive covenants as a corporate real estate practice that places conditions on land use, such as prohibiting the sale of food or prohibiting the development of grocery stores. Restrictive covenants are a significant barrier to establishing a new store in older neighbourhoods and the consequences are interconnected: when food stores act as anchors in a community shopping area, their closure can lead to a loss of neighbourhood-level identity and history. Rectifying exist… Show more
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