A clause in a mortgage loan contract requiring the borrower to purchase homeowner’s insurance is an example of a what covenant? a. proscriptive b. restrictive c. constraint-imposed d. prescriptive

The correct answer is b. restrictive. A restrictive covenant is a clause in a contract that limits or restricts the actions of one or both parties. In this case, the clause requiring the borrower to purchase homeowner's insurance restricts their ability to opt out of obtaining insurance coverage. It is a common practice in mortgage lending to require borrowers to purchase homeowner's insurance to protect the property and the lender's investment. This covenant helps to ensure that the property is adequately protected and reduces the risks associated with home ownership.