The Covenants form with decimals in Oakland is a legal document that establishes restrictions, rules, and regulations for a residential subdivision, ensuring fair property values and maintaining the area's desirability. It is created by a Homeowner's Association and outlines the obligations of property owners within the subdivision, detailing membership requirements, governance, and the association's powers. This form includes sections for listing specific covenants and addressing miscellaneous provisions that pertain to the owners’ rights and responsibilities. Important features include the ability for the Association to modify regulations with a 75% owner consent, the binding nature of the covenants which run with the land, and legal enforcement avenues for compliance. Users will need to properly fill in the names and addresses pertinent to their subdivision and ensure all owners are aware of their obligations upon purchase. This form is particularly useful for attorneys, partners, and owners to navigate property management and compliance, while paralegals and legal assistants can assist in correctly preparing and maintaining the form, ensuring legal clarity and access to rights for all users.