A Protective Covenant With Abraham In Phoenix

• Category: Real Estate - Covenants
• State: Multi-State
• City: Phoenix
• Control #: US-00405BG
• Format: Word; Rich Text

Description

The document titled 'Amendment to Protective Covenant for Orchard View Subdivision, Part One' outlines key amendments to existing protective covenants governing a specific subdivision in Phoenix. This amendment modifies the subdivision's name and introduces new rental restrictions, ensuring that properties cannot be used for transient or hotel purposes, alongside stipulating that all lease agreements must be in writing and comply with the subdivision's rules. Additionally, the document clarifies the official address of the homeowners association and establishes the right for any lot owner or the association to enforce these covenants through legal action, which includes recovery of costs and attorney's fees for the prevailing party. This amendment is crucial for maintaining community standards and protecting property values. The approval process requires that at least sixty percent of current lot owners consent to the modifications. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure compliance with local regulations and to guide their clients through the complexities of amending protective covenants effectively.