AlanH2 (Colorado)
Posts: 30
Posts: 30
Posted:
Quick question for anyone knowledgeable on the topic.
The HOA has voted and added new covenants. The old covenant pertaining to these changes read as such:
"These covenants and restrictions are to run with the land and shall remain in full
force and effect for ten years from the date these covenants are recorded, after which time said covenants shall be automatically extended for successive periods of ten years, unless an instrument signed by a majority of the then owners of the tracts has been recorded, changing said covenants in whole or part."
My question for you is.... the new covenants were recorded 5 weeks after the
10 year automatic extension for the next 10 years. Will the new covenants be in effect immediately or will they have to wait until the end of the automatic 10 year extension to take affect?
Appreciate your opinion!
The HOA has voted and added new covenants. The old covenant pertaining to these changes read as such:
"These covenants and restrictions are to run with the land and shall remain in full
force and effect for ten years from the date these covenants are recorded, after which time said covenants shall be automatically extended for successive periods of ten years, unless an instrument signed by a majority of the then owners of the tracts has been recorded, changing said covenants in whole or part."
My question for you is.... the new covenants were recorded 5 weeks after the
10 year automatic extension for the next 10 years. Will the new covenants be in effect immediately or will they have to wait until the end of the automatic 10 year extension to take affect?
Appreciate your opinion!