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A Deed of Release of Covenant is a crucial document in Irish property law used when parties wish to remove restrictive covenants that burden land or property. These covenants might restrict property use, development, or impose specific obligations on the property owner. The deed formally releases these restrictions, making it particularly valuable in property development, sales, or when existing covenants have become obsolete. Under Irish law, the document must meet specific formal requirements for deeds, including proper execution and witnessing. The deed typically includes details of the original covenant, property description, and clear release language. It's essential for property transactions where existing covenants might impede intended use or development.

1. Parties: Identifies and defines the Releasor (the party releasing the covenant) and the Releasee (the party being released from the covenant)

2. Background: Recitals setting out the history of the covenant, including its creation date, original parties, and registration details

3. Definitions: Defines key terms used in the deed, including the Property, the Covenant, and any other relevant terms

4. Covenant Details: Specific details of the covenant being released, including its nature and scope

5. Release: The operative words of release, clearly stating that the covenant is being released and discharged

6. Representations and Warranties: Statements by the Releasor regarding their authority to release the covenant and that no assignment or transfer of rights has occurred

7. Further Assurance: Commitment to execute any additional documents necessary to give effect to the release

8. Governing Law: Specifies that the deed is governed by Irish law

9. Execution: Formal execution block meeting Irish law requirements for deeds