The Restrictive Covenant within Hillsborough is an agreement established by a homeowner's association to ensure the maintenance of property values and uphold community standards in a residential subdivision. This document outlines the covenants, conditions, and restrictions that all property owners must adhere to for the overall benefit of the neighborhood. Key features include the membership obligation of owners, the association's authority to enforce rules, and the process for modifying or terminating the agreement with a 75% approval from property owners. The document also specifies the association's legal compliance requirements and the rights of owners regarding legal actions to enforce the terms. Filling and editing instructions emphasize the need for accurate identification of the subdivision and compliance with local laws. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in property management or real estate transactions, as it provides a clear framework for community governance and property rights management.