The document titled 'Agreement Creating Restrictive Covenants' establishes specific covenants, conditions, and restrictions for a residential subdivision in Wayne. These restrictions aim to maintain property values and ensure the subdivision remains an appealing residential area. The Agreement outlines the mandatory membership for lot owners in the Homeowners Association, reinforcing that all owners must adhere to the terms laid out in the document. Additionally, provisions detail how the Association can modify the Agreement with the consent of a significant majority of lot owners, underlining the importance of community consensus. Legal enforcement is also addressed, allowing lot owners or the Association to pursue legal action to uphold the Agreement's terms. This form serves as a crucial resource for attorneys, partners, and owners seeking to protect property interests and maintain neighborhood standards. Paralegals and legal assistants can facilitate the completion and management of such agreements, ensuring compliance with local laws while also keeping records updated. Overall, this document is essential for preserving the character and value of properties within the subdivision.