Transfer of Property Act, 1882
40. Burden of obligation imposing restriction on use of
land
Where, for the more beneficial enjoyment of his own immovable
property, a third person has, independently of any interest in the immovable
property of another or of any easement thereon, a right to restrain the
enjoyment in a particular manner of the latter property, or
Or of obligation annexed to ownership but not amounting to
interest or easement : Where a third person is entitled to the benefit of an
obligation arising out of contract and annexed to the ownership of immovable
property, but not amounting to an interest therein or easement thereon,
such right or obligation may be enforced against a transferee
with notice thereof or a gratuitous transferee of the property affected
thereby, but not against a transferee for consideration and without notice of
the right or obligation, nor against such property in his hands.
Illustration
A contracts to sell Sultanpur to B. While the contract is still
in force he sells Sultanpur to C, who has notice of the contract. B may enforce
the contract against C to the same extent as against A.