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Wanting Vacant Land in Mohave County What You Need to Know Part 8

By
Real Estate Agent with Dirt Road Real Estate SA676002000

One of the most common questions I receive from those wanting vacant land is “What are CCR’s?”

This acronym stands for Covenants, Conditions and Restrictions. CCRs are a set of rules governing the use of certain piece of real estate property within a given geographic area or community. The enforcement of these CCRs are either by the local government or by a Home Owners Association.  With that enforcement also comes monthly or annual fees. These fees are to support amenities within the given area such as swimming pools, golf courses, tennis courts, parks, etc. 

Additionally, there are Property Owners Associations (POAs) also have monthly or annual fees. POAs are often formed for road maintenance and may not be as restrictive as HOAs.

Both HOAs and POAs have By-Laws and annual meetings. Buyers in AZ are required to receive current budget statements as well as annual reports. Often HOAs and POAs are managed by hired firms.

In some areas of Mohave County including Golden Valley, there are properties not covered by CCRs. These properties are not in a designated subdivision. Usually, one way to determine if the property has CCRs is to read the legal description.  If a subdivision is not mentioned in the legal description, there is a greater likelihood that property does not have any CCRs.

In public real estate listings, the listing may not show the property is subject to CCRs. The Listing Agent may not know (out of his or her area of competency), may not have taken the time to undertake the necessary research or may believe that determining this information is part of the buyers or buyers’ agent due diligence.

Local professional real estate agents often have an electronic library of CCRs for their geographical areas. These real estate agents may even have an electronic file of contacts for the various HOAs and POAs.

Working with a local professional real estate agent or REALTOR® who knows the numerous subdivisions and respective CCRS along with HOAs and POAs and has worked with buyers who have purchased vacant land helps to avoid last minute surprises.

P.S. Wanting a vacant land property without CCRs is difficult as the majority of properties  in Golden Valley, AZ all have CCRs. However there is currently only one HOA in Golden Valley and that is in the Legend Ranch subdivision.

NOTE: This is the eighth part of a 10 part series for real estate property buyers wanting vacant land in Golden Valley, AZ and/or other unincorporated areas in Mohave County.

#realestate #realestateagent #property #buyeragent #realestatebuyers #relocation #realestateforsale #realestateseller #MohaveCountyAZ #GoldenValleyAZ #highdesert #ruralvacantland

Feature Photo Courtesy of Leanne M Smith - This 40 acre property is does not have any CCRs.

Any reproduction of Leanne M Smith’s blog for use by any AI or GAI, distribution or reproduction including but not limited to electronic newsletters e.g. PDF’s Internet sites or physical products e.g. newspapers, CDs without prior written permission and consent by me, Leanne M. Smith (Leanne Hoagland-Smith) is strictly prohibited.

Posted by

Leanne M. Smith, MS, GRI, rCRMS

2018 KGVAR Rookie Realtor of the Year-55+
219.508.2859 MST
Life Begins Where the Pavement Ends
Connect with me on LinkedIn:
http://www.linkedin.com/in/leannehoaglandsmith
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Love your series, I usually want buyers to reach out to me on my listings and then I tell them these critical points, the point for me is I want them to connect with me... your message is great not sure if buyers will not just steal your knowledge and move on to another broker, I hope I am wrong, Endre

Jun 06, 2024 09:28 PM
Leanne Smith

Actually I don't mind people stealing knowledge. What I have learned is I am told "you have given me more information than other agents and I want to work with you." Educating potential clients for me is how I have always been. Most of those who contact me are either referrals or read my numerous signs on vacant land.

Jun 07, 2024 05:41 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good morning Leanne,

Wow..what a great 10 part series on purchasing vacant land. Good to know in public real estate listings, the listing may not show the property is subject to CCRs. You are the agent to call for representation.

Jun 07, 2024 01:08 AM
Leanne Smith

As the old expression goes "garbage in, garbage out." If the agent doesn't put the information in or  if the MLS does not feed that field or if the potential buyer doesn't read the entire listing, then potential buyers are unaware.

Jun 07, 2024 05:39 AM
Bill Salvatore - East Valley
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

Thanks for sharing, make it a great Friday and enjoy your

weekend!

Bill Salvatore, Realtor- Arizona Elite Properties

Jun 07, 2024 03:49 AM
Leanne Smith

You as well and Happy Fria's Day.

Jun 07, 2024 05:38 AM
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Good morning Leanne. In a metropolitan area inexperienced agents lacking knowledge can many times fumble through a transaction. In your area with vacant land in play, only the experienced knowledgable agents should be in the game. Enjoy your day. 

Jun 07, 2024 04:33 AM
Leanne Smith

Thank you for contributing your experience and wisdom. I agree about local agents being both experienced and knowledgeable.

Jun 07, 2024 05:38 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Excellent overview of CCRs and HOAs. We also have CCRs which can range dramatically from one development to another. We do have properties without CCRs, so it's still possible to buy one.

Love this series!

Jun 07, 2024 05:14 AM
Leanne Smith

Totally understand the differences in CCRs. We have one small subdivision here in Golden Valley with 2 different CCRs with half of the subdivision allowing both manufactured and site built homes while the other half allows only site built homes.

Good to read you are enjoying the series.

Jun 07, 2024 05:36 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

For vacant land that is not within a subdivision, I wouldn't expect there to be CCR's in place, but I could be wrong, haha.

Jun 07, 2024 06:10 AM
Leanne Smith

Subdivisions out here are very large and often are adjacent leaving very few vacant land parcels not in a subdivision.

Jun 07, 2024 08:11 AM