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The Covenant Chain was an ongoing set of councils and treaties between the English colonies in North America and the Iroquois Confederacy. These treaties and councils covered such contentious matters as trade, settlement, and the resolution of episodes of violence between Colonial-settlers and the Iroquois.
Think of a negative covenant as a promise not to do something. Negative covenants are also referred to as restrictive covenants. For example, a covenant entered into with a public company might limit the amount of dividends the firm can pay its shareholders. It could also place a cap on executives salaries.
A covenant for title that comes with a deed or title to the property assures the purchaser that the grantor has the ownership rights that the deed purports to convey.
It not only revolves around a tenant or landowner but any real estate owner, buyer, or seller as well. A covenant on a piece of land or property states what an owner can do and cannot do. If you buy a property with an existing covenant, it already means that you have agreed to abide by the rules stated there.
A covenant which is not made for the beneficial enjoyment of the transferors property, but is merely an arbitrary condition imposed for its own sake, is not enforceable against the transferee, and the latter may ignore it; e.g., a covenant to use the transferred land as a garden, a covenant to build a second story, a
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Covenants are either personal, restricting only the party who signs the agreement, or they run with the land, passing the burden along to subsequent property owners. A restriction is simply a limitation on the use of the land.
Examples of restrictive covenants are not to use the property other than for residential purposes or not to build any structures on the property. In contrast, an obligation which requires expenditure of money or maintaining a fence or any structures on the property is called a positive covenant.

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