Covenant And Agreement Difference In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The document titled 'Agreement Creating Restrictive Covenants' outlines the essential differences between covenants and agreements specifically in Pima. It defines the covenants established by the homeowners' association to maintain property values and ensure the desirability of the subdivision. Key features include the requirement for lot owners to adhere to the covenants upon purchase, the conditions under which membership in the association can be terminated, and the ability for the association to amend the agreement with the consent of 75% of property owners. Filling and editing instructions specify that owners must notify the association of their contact information after purchasing a lot and comply with rules established by the association. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in understanding property management and maintaining community standards. It helps legal professionals manage compliance issues and resolve disputes related to property ownership effectively. The document emphasizes the importance of knowing the implications of covenants in property transactions and the need for clear communication among subdivision residents.
Free preview
