Restrictive Covenants In A Debt Contract In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The Agreement Creating Restrictive Covenants outlines the covenants, conditions, and restrictions set forth by a homeowner's association for a residential subdivision in Pima. It aims to maintain property values and ensure the subdivision remains a desirable living area. Key features include the requirement for property owners to become members of the association and adhere to its rules, the cessation of membership upon property transfer, and modifications to the agreement needing approval from 75% of owners. The agreement includes provisions for legal enforcement and may become void after a specified number of years. It also emphasizes compliance with local laws and allows the association to create reasonable regulations. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in property management, real estate transactions, or neighborhood association governance. They can utilize it to ensure compliance with regulations, protect property interests, and facilitate effective community living.
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