Get Land Use Restriction Agreement And

The LAND USE RESTRICTION AGREEMENT is a crucial document for developers involved in low-income housing tax credit projects. This guide provides clear, step-by-step instructions to assist users in accurately completing the form online.

Follow the steps to efficiently fill out the form.

1. Click the ‘Get Form’ button to access the form and open it in your editor.
2. Begin by filling in the date at the top of the form where indicated. This sets the effective date of the agreement.
3. In the development owner section, provide the full legal name of the development owner and any successors or assigns.
4. Specify the name and address of the development as it appears in the application. Ensure accuracy to prevent future issues.
5. In the representations section, identify the type of entity of the development owner and confirm that the owner has the authority to enter into the agreement.
6. Complete the rent and income restrictions section as per the requirements, marking boxes according to which income limits apply to your development.
7. Assess the term of the agreement indicating how long the restrictions will remain in effect, following the minimum required period.
8. Review all sections including definitions and covenants thoroughly to ensure all mandatory conditions are understood and agreed upon.
9. After completing all sections, save your work. You can choose to download, print, or share the document for final approvals.

Complete your documents online today to ensure compliance with all required housing regulations.