Non Restrictive Vs Restrictive Clauses In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The Agreement Creating Restrictive Covenants outlines the covenants, conditions, and restrictions for a residential subdivision in Hennepin County. It establishes both restrictive and non-restrictive clauses aimed at maintaining property values and ensuring the desirability of the subdivision. Restrictive clauses are designed to limit certain behaviors or uses within the subdivision, while non-restrictive clauses allow for flexibility and the potential for amendments when agreed upon by a majority. The form includes filling instructions, emphasizing the necessity of notifying the homeowner association about ownership changes and adhering to local laws. Key features include the right of the Association to enforce the covenants, provisions for legal proceedings, and a mechanism for amendments. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for property governance and dispute resolution. It’s essential for maintaining the integrity of the subdivision while allowing a degree of adaptability through member consent.
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