Final answer:
The most serious consequence of the difference between a covenant and a condition in a deed is that restrictive covenants are enforceable by private parties through legal action, while conditions are typically enforced by the government or a public entity.
Step-by-step explanation:
The most serious consequence of the difference between a covenant and a condition in a deed is that restrictive covenants are enforceable by private parties through legal action, while conditions are typically enforced by the government or a public entity.
Restrictive covenants are contractual obligations that run with the land, meaning they bind subsequent owners of the property. This allows neighbors or an HOA to take legal action against a property owner who violates the terms of the covenant.