Restrictive Covenants In A Debt Contract In San Jose
Category:
State:
Multi-State
City:
San Jose
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The document titled 'Agreement Creating Restrictive Covenants' outlines the covenants, conditions, and restrictions imposed by a Homeowners' Association in a residential subdivision in San Jose. Its primary purpose is to maintain property values and ensure the desirability of the community. Users of this form include homeowners, attorneys, paralegals, and legal assistants, who may need to adhere to or enforce these covenants. The document specifies that purchasing a lot in the subdivision automatically binds the owner to these terms, which include compliance with the association's rules, regulations, and articles of incorporation. It allows amendments with the consent of 75% of lot owners and establishes procedures for legal actions to enforce compliance. The agreement remains valid for a specified duration and can be terminated under certain conditions. This form emphasizes the legal implications of ownership and the necessity for mutual agreement within the community, making it a key resource for professionals working with residential property laws.
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