Non Restrictive Vs Restrictive Clauses In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The Agreement Creating Restrictive Covenants outlines the responsibilities and limitations placed on property owners within a specified subdivision in Broward County. It differentiates between non-restrictive and restrictive clauses, with restrictive clauses imposing binding conditions to maintain property values and community standards, while non-restrictive clauses allow for flexibility. The form includes sections for the homeowner association's authority, membership conditions, and the legal framework supporting the covenants. Filling instructions include completing the specific details of the subdivision, member information, and identifying covenants. Users must also be aware of the procedure to amend the agreement, requiring written consent from a significant majority of the lot owners. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to draft or review such agreements, ensuring compliance with local laws. It assists in maintaining orderly governance within residential communities, protecting investment and quality of life for all residents.
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