The Agreement Creating Restrictive Covenants is a formal document established by a Homeowner's Association in Bexar, outlining rules and restrictions aimed at preserving property values and the overall appeal of a residential subdivision. Key features of the form include a declaration of covenants, conditions, and restrictions applicable to all property owners within the subdivision. Users are required to fill in specific details, including the date of agreement, the name of the subdivision, and the official address of the Association. It is crucial for owners to notify the Association upon acquiring property to ensure compliance with the rules set forth. Additionally, the document stipulates voting rights within the Association and the process for amending the agreement, requiring a 75% consent from lot owners. Legal representatives, such as attorneys and paralegals, may find this form useful for advising clients on compliance and enforcement of the covenants. Owners and partners within the subdivision benefit from understanding their rights and responsibilities, as well as the potential legal actions that can be taken to uphold the agreement. Overall, this form serves as a critical tool for maintaining community standards and property values in Bexar.