Restrictive Covenants In Land Law In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00404BG
Format:
Word;
Rich Text
Instant download
Description
The document titled 'Agreement Creating Restrictive Covenants' establishes a formal declaration of covenants, conditions, and restrictions aimed at maintaining property values within a specified residential subdivision in Tarrant County. This form outlines the responsibilities of the Homeowner’s Association and the obligations of property owners upon purchasing lots within the subdivision. Key features include the requirement for members to comply with the association's rules and regulations, the authority of the association to amend covenants with a 75 percent member approval, and the binding nature of these covenants on future owners. It also specifies the procedure for termination of the agreement after a designated number of years. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure clarity in property rights, facilitate legal compliance, and maintain property aesthetics and values. This agreement serves as a critical tool for preventing disputes among owners and clarifying governance within the community, making it essential for those involved in real estate transactions, property management, or community association governance.
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