Restrictive Covenant For Physician In Houston

State:
Multi-State
City:
Houston
Control #:
US-00404BG
Format:
Word; 
Rich Text
Instant download

Description

The Agreement Creating Restrictive Covenants is designed to maintain property values and ensure a desirable residential environment in Houston's subdivisions. This legal document establishes specific covenants, conditions, and restrictions that all property owners within the subdivision must adhere to upon purchasing a lot. Key features include membership obligations to the homeowner's association, the authority to enforce compliance, and procedures for modifying the agreement with 75% owner consent. It outlines the responsibilities of the association, including adherence to local laws and the creation of rules for community governance. The form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to draft or review restrictive covenants. They can ensure compliance with legal standards and provide guidance on members' rights and obligations. Additionally, the form can be applied in real estate transactions to protect property values and community standards, making it a vital tool for legal and real estate professionals involved in subdivisions.
Free preview
  • Preview Agreement Creating Restrictive Covenants
  • Preview Agreement Creating Restrictive Covenants
  • Preview Agreement Creating Restrictive Covenants

Form popularity

FAQ

An employee can challenge a restrictive covenant if they believe it is unreasonable or prevents them from finding suitable employment. If the covenant is too broad or not essential to protecting the employer's business, it may be deemed unenforceable by the courts.

Employers often include in employment contracts what are referred to as “restrictive covenants.” This term is generally used to describe two main types of contractual clause: the non-solicitation clause and the non-compete clause.

Certain professional occupations, like attorneys or physicians, may be excluded from non-compete agreements or placed under more limited restrictions, even though they are highly-specialized positions.

Under Texas law noncompete agreements can be enforceable if: The noncompete provision is part of an otherwise enforceable agreement. The non-compete requirement is supported by valid consideration (consideration meaning something of value provided to the employee).

The Texas Medical Board (“TMB”) has recognized that the CPOM doctrine does not prohibit a physician from having an independent contractor agreement with non-physicians as long as it stays within the confines of the doctrine.

Restrictive Covenants, Explained This restricts how homeowners can manage and modify their land. Examples include restrictions on fence options, the type of animals allowed and the use of outbuildings, such as sheds.

Unlike some states that ban them entirely, Texas allows physician non-compete agreements, but they must meet specific requirements to be enforceable.

In Texas, a court has the ability to modify – or even nullify – the non-compete if the court determines that it is not reasonable. The courts are given wide latitude to reform a non-compete if the court believes the scope of activity, duration, or geographic area are too restrictive.

In the United States, employers generally use four types of restrictive covenants: (1) covenants not to compete for a certain period of time following the employee's termination from employment (or following a business transaction such as a sale, merger, etc.); (2) covenants not to solicit customers or clients for a ...

Unlike some states that ban them entirely, Texas allows physician non-compete agreements, but they must meet specific requirements to be enforceable.

Trusted and secure by over 3 million people of the world’s leading companies

Restrictive Covenant For Physician In Houston