Section 17431 Of Article 2.5. Leasing Facilities From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 2.5.
17431
. Notwithstanding any other law, an owner's development lien
created pursuant to this article is a covenant for the benefit of the
school district or districts expressly described therein which
shall, upon recordation with the county recorder of the county in
which the real property is located, run with the land described in
the document by which the lien is placed of record. The owner's
development lien shall be binding upon successors in interest, during
their ownership, of any portion of such land affected thereby and
each person having an interest therein derived through any owner of
the land owned by the covenantor.
The covenant running with the land created by the owner's
development lien as provided in this section constitutes a valid
covenant notwithstanding the fact that it is created in connection
with only one estate and is imposed upon a single parcel and is
intended to be for the benefit of a school district or districts who
are not a landowner or owners.