The Agreement Creating Restrictive Covenants outlines specific regulations and guidelines for property owners within the defined subdivision in Hillsborough. It aims to maintain property values and assure a desirable living environment. Key features include mandatory membership in the homeowner's association upon lot purchase, provisions for modification of the agreement with 75% owner consent, and a specified duration for the agreement's validity. The document emphasizes that any lot owner's rights are subject to the covenants, and the association can enforce compliance through legal means. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a critical tool for ensuring clarity in property guidelines and maintaining community standards. Users must carefully complete and edit the form, ensuring that all property descriptions and owner information are accurate. The inclusion of legal obligations and rights assists in mitigating disputes while providing a framework for community governance.