The covenants in a lease are binding on:

The correct answer indicates that the covenants in a lease are binding on both the original parties involved in the agreement and their successors. This reflects a fundamental principle in property law regarding the enforceability of lease agreements and their terms.

When a lease is signed, the original parties—typically the landlord and tenant—agree to the terms laid out in the document, which often includes various covenants such as payment of rent, maintenance obligations, and use of the property. These covenants are not merely personal promises; they create property rights that can be enforced by and against parties who later take ownership or occupy the property.

Successors, such as new tenants or subsequent landlords, may assume these obligations and benefits due to the principles of privity. In the case of a lease, when a lease is assigned or when ownership of the property changes hands, the new parties usually inherit the responsibilities and rights established in the original lease agreement. This continuity ensures that the lease's terms are upheld regardless of changes in the parties involved.

In contrast, the other options imply limitations that do not reflect the enduring nature of lease covenants. Only original parties, any party that signs the lease, and those who come along after changes in ownership do not cover the full scope of how