The Agreement Creating Restrictive Covenants outlines specific covenants, conditions, and restrictions for a residential subdivision in Phoenix, a key consideration for property owners without a homeowners association (HOA). This document aims to maintain property values and contribute to the community's desirability. Key features include provisions on membership in the association, the authority of the association to enforce rules, and guidelines for amendments with the consent of owners. Users must fill in the specific details of the subdivision and complete a list of covenants. It also details the process for transferring ownership and ceasing membership. Attorneys, partners, owners, associates, paralegals, and legal assistants can benefit from this form by ensuring compliance with local laws while protecting property interests within the community. The form's legal framework provides clear guidelines for dispute resolutions and informs owners of their rights and responsibilities, making it a vital tool for smooth property transactions and community management.