What is the difference between a contract, deed and a covenant?


A contract is an agreement legally enforceable against at least two people, in writing or otherwise.

A deed is a formal document conveying an interest in real property from one party to another.

A covenant is most typically going to refer to a condition that is part of either of those transactions, such as a contractual covenant not to compete or a deed covenant to use property in a certain way.

| improve this answer | |
  • Thank you. Is “consideration” mandatory for a contract? – 52d6c6af Sep 8 '18 at 19:16
  • Consideration is necessary for a contract, though some agreements may be enforced as though they were contracts despite the absence of a consideration. – bdb484 Sep 8 '18 at 19:20
  • Thank you. Does consideration need to be monetary? – 52d6c6af Sep 9 '18 at 11:34
  • 1
    No, it does not. – bdb484 Sep 9 '18 at 12:41
  • 1
    @bdb484 A deed can also give effect to an agreement (like a contract) in the absence of consideration by one party. – Dale M Sep 10 '18 at 5:22

You may want to search for these words in the Black's Law Dictionary. That legal dictionary is a very useful starting point for when one needs to do legal research.

After reading the definitions, feel free to ask about any specific details that might remain unclear to you.

| improve this answer | |

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.