Restrictive Covenants In Shareholders Agreements In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The Agreement Creating Restrictive Covenants outlines covenants, conditions, and restrictions aimed at maintaining property values within a designated subdivision in Fulton. It establishes a Homeowner's Association responsible for enforcing compliance among property owners. Key features include the requirement for each owner to adhere to the Association's rules and the automatic termination of membership upon sale of property. It also allows for modifications to the agreement if approved by 75% of property owners. Essential filling and editing instructions include providing specific property details and obtaining necessary signatures. This form is particularly useful for attorneys, partners, and owners who need to define and enforce property standards, as well as for paralegals and legal assistants who assist in drafting documentation and managing compliance. With clarity and legality prioritized, users can ensure that the subdivision remains an attractive residential area.
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