The Covenants Form with Decimals in Suffolk is a legal document establishing restrictions and guidelines for properties within a specified residential subdivision. This form is executed by a Homeowner's Association to maintain property values and ensure a harmonious living environment. It includes covenants that owners must adhere to, as well as rules regarding membership and voting rights within the Association. The form specifies the official address of the Association, the requirement for owners to notify the Association of name changes, and the process for amending the covenants with a 75% owner agreement. It also outlines the necessity of compliance with relevant local and federal laws. The document is designed to be filled out and signed by the Board of Directors and property owners to legally bind them to the terms stated within. This form is particularly useful for attorneys, partners, and owners managing residential properties, as well as associates, paralegals, and legal assistants who facilitate property transactions and ensure compliance with local regulations.