The Agreement Creating Restrictive Covenants addresses covenants, conditions, and restrictions for a residential subdivision in Tarrant County. It is established by a Homeowner's Association to maintain property values and ensure the subdivision remains a desirable residential area. This form details the specific covenants that lot owners must adhere to, including membership obligations to the Association upon purchasing a lot and the mechanics of membership termination upon conveyance of property. Users are instructed to complete the agreement with their respective details, including the specific subdivision name, the register office information, and signatures from the board of directors and property owners. Additional provisions include the potential for amendments to the covenants with a 75% owner consent and the stipulation that the Agreement will void after a specified number of years. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants, as it offers a standard framework for establishing and enforcing community guidelines and property rights. It helps legal professionals facilitate clear communication of homeowners' responsibilities and ensure compliance with local laws while protecting property values.