DaveE1 (Colorado)
Posts: 33
Posts: 33
Posted:
We bought a sizable rural lot in a large residential development. This development was created in 1999, however the developer never followed through, and actually created the HOA that was outlined in our covenants. He did file the covenants at the courthouse, and they are attached to all the warranty deeds, however the developer abandoned us over 10 years ago. Problem is, he remains the Declarant in our covenants and still holds the title to the 319 acres of what was supposed to be Community property, and was to be turned over to the HOA. Obviously, we need a good attorney, however I'm wondering if the covenants are still valid?