The Agreement Creating Restrictive Covenants outlines the conditions and restrictions applied within a residential subdivision in Pima, aimed at preserving property values and maintaining the desirability of the area. This form includes essential details such as the designation of the Homeowner's Association, the properties affected, and specific covenants that property owners must adhere to. It instructs users to complete important sections such as the date, subdivision name, and the list of covenants. The document emphasizes that all lot owners automatically become members of the Association and must comply with its rules, along with providing their contact information upon purchasing a lot. The agreement also includes provisions for modifications, termination, and the binding nature of the covenants on all successors. For legal professionals—including attorneys, partners, owners, associates, paralegals, and legal assistants—this form serves as a fundamental tool for establishing and enforcing community standards in residential developments, ensuring compliance with local laws, and facilitating governance within homeowner associations.