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Unless the covenant has been released or varied then they cannot just 'disregard' the covenant.
Restrictive covenants run with the land, regardless of how many times it has been sold on so they will still be bound by this.
If a covenant has been breached for 18years or longer, it can be thought of as 'extinguished' but there are no other ways in which it can be just disregarded.
I hope this helps.
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