Covenants Form With The Instrument Of Desire In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The Covenants Form with the Instrument of Desire in Pima is a legal agreement established by a homeowners' association to set forth specific covenants, conditions, and restrictions within a residential subdivision. This document aims to maintain property values and ensure that the subdivision remains a desirable living area. It obligates property owners to adhere to the terms outlined in the declaration, including the Articles of Incorporation and Bylaws of the association. Key features include the requirement for lot owners to notify the association of their ownership, provisions for amending the agreement with a 75% owner consent, and stipulations regarding compliance with local laws. The form also specifies that legal proceedings may be initiated by either a lot owner or the association to enforce its terms, with costs awarded to the prevailing party. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions or community governance. It provides a clear framework for property management and owner responsibilities, making it essential for preserving the community's integrity.
Free preview
