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A Deed of Release of Restrictive Covenant is a crucial document in Canadian real estate law used when property owners need to remove existing restrictions on land use. This document is particularly relevant when development plans conflict with historical restrictions, when land use patterns have changed, or when the original purpose of the covenant is no longer relevant. The deed must comply with provincial registration requirements and typically includes detailed property descriptions, the specific covenant being released, and proper execution formalities. It's commonly used in property development, urban renewal projects, or when modernizing land use in established areas. The document requires careful drafting to ensure it effectively releases the covenant while maintaining compliance with local land registry requirements and property law.

1. Parties: Identifies and defines all parties to the deed, including the current owner of the benefited land (Covenantee) and the owner of the burdened land (Covenantor)

2. Background: Recites the history of the restrictive covenant, including its original creation, registration details, and the agreement to release

3. Definitions: Defines key terms used in the deed, including property descriptions, the restrictive covenant, and any other relevant terms

4. Details of the Restrictive Covenant: Specifically identifies and describes the restrictive covenant being released, including its registration number and date

5. Property Description: Provides legal description of both the benefited and burdened lands

6. Release: Contains the operative words of release, permanently discharging the restrictive covenant

7. Authority and Capacity: Confirms the authority and capacity of the parties to execute the release

8. Registration: Addresses the requirements for registration of the release in the appropriate land registry

9. Execution: Contains the formal execution blocks for all parties, including witness requirements