A binding obligation that goes with property when it is transferred to a new owner,who must abide by the obligation,is called a(n):

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A covenant is a binding obligation that goes with property when it is transferred to a new owner, who must abide by the obligation. Liens are claims against property as security for a debt or obligation, and mortgages are a type of lien specifically used to secure a loan for the purchase of property. Possessory refers to the right of possession or control over a property. None of the other choices describe the specific type of obligation that goes with property when it is transferred to a new owner.

A Binding Obligation That Goes with Property When It Is