"CC&Rs are covenants, conditions and restrictions applied to homeowners who live in areas that have a homeowners' association. CC&Rs must be disclosed prior to final sale of a home, and can sometimes make the difference between whether or not a home is purchased. CC&Rs set forth particular rules that must be followed by the purchaser. Failure to comply with CC&Rs can result in warnings, fines and legal action against the homeowner." more details . . .
Investigating CC&Rs is one of the most important components of doing due diligence in the process of purchasing a home or even vacant land. If you agree to buy within an Home Owners Assocation, HOA, you are legally bound to abide by the CC&Rs. Disobeying the CC&Rs can be quite a serious issue and can lead to legal action by the HOA. Your first step in doing your research is to determine if the home of interest is covered by CC&Rs and whether there is an HOA.
My advice here is to NOT BUY IN THE HOA if you do not want to abide by their rules! If you want CC&Rs for properties in Chino Valley, Prescott, Prescott Valley, or anywhere in Yavapai County, give me a call or send me an e-mail. I will work for you to get the ones you want.
In land that is outside of developed areas, deed restrictions, sometimes called restrictive covenants or just covenants are a common way of controlling future development. Almost any landowner can place a deed restriction on their own property, and it's done all the time. As an common example in our area, a deed restriction may limit how small lots can be as a larger property is split into smaller ones. Another common use in my area is to restrict buildings to site-built homes only, thus prohibiting manufactured homes from entering the neighborhood. If you want to know about deed restrictions for properties in Chino Valley, Prescott, Prescott Valley, or anywhere in Yavapai County, give me a call or send me an e-mail.
I will work for you to get the information you want.
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