Quote:
Posted By GeorgeJ3 on 07/15/2015 7:38 AM
I'm not familiar with the CC&R's, what is that?
Declaration of Covenants, Conditions and Restrictions
Also known as:
Deed Restrictions
Covenants
the Declaration
Master Deed
Equitable Servitudes
There are probably others.
From a developments website:
Basically the CC&Rs (Covenants, Conditions and Restrictions) are deed restrictions that are contractual limitations of your rights as a property owner. Originated by the initial developer, these restrictions were placed on your property deed, recorded with the County, and made a condition of the purchase of your lot.
When you purchased your property, along with a myriad of other forms and documents, you likely signed a contract or document stating that you are aware that the property has deed restrictions or is within an HOA/COA.
Since these restrictions are attached to the property, they are automatically passed along to any subsequent owner(s). In other words, the CC&Rs "run with the land."