Heritage Conservation Covenant

A Heritage Conservation Covenant is an agreement that protects part or all of a heritage property. It is negotiated the owner of a heritage property and registered on title of the land. A conservation covenant can apply to either a natural or built feature. The owner signs the covenant with either the City or another interested party such as a heritage society. However, unlike an HRA, a conservation covenant cannot vary other City by-laws and regulations such as zoning. It is most useful where no changes to a property or building are proposed to take place, and the owner wishes to enter into a covenant with the City to ensure long-term protection.遗产保护契约（Heritage Conservation Covenant）是一种用于保护遗产物业部分或全部权益的协议。该契约由遗产物业所有者协商拟定，并在土地产权证书上完成登记。该保护契约可适用于自然景观或人工建成的风貌要素。物业所有者可与所在城市或其他利益相关方（如遗产保护协会）签署该契约。然而，与HRA不同，遗产保护契约无权变更城市其他市政细则及管制条例，例如区划管制。当物业或建筑无改造计划，且所有者希望与城市签署契约以实现长期保护时，该契约的应用价值最为突出。