Which of the following best describes a covenant running with the land?

A covenant running with the land is best described as a promise securing certain conditions for future property owners. This type of covenant is a legally binding obligation that is tied to the property itself, rather than to the individual owner. It ensures that specific restrictions or requirements regarding the use of the property are maintained over time, and it remains in effect even when the property's ownership changes. This concept plays a crucial role in real estate, as it helps in maintaining the character of a neighborhood or community by ensuring that all future owners adhere to the established conditions.

The other choices might depict different aspects of property agreements or requirements, but they do not capture the essence of what a covenant running with the land entails. A legal requirement affecting property maintenance and a mutual agreement between neighbors are more specific and do not necessarily preserve the same conditions for future owners. A verbal agreement that can be changed at any time lacks the permanence and enforceability that defines a covenant running with the land. Thus, the correct definition reflects the enduring nature of the covenant across ownership transitions.