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Default Homeowner's Associations suck!

On Tue, 21 Aug 2007 20:24:12 -0400, BAR penned the following well
considered thoughts to the readers of rec.boats:

Gene Kearns wrote:
On Tue, 21 Aug 2007 15:50:25 -0500, lid penned the
following well considered thoughts to the readers of rec.boats:

Gene Kearns wrote:
My guess is that nothing is binding, if they didn't also assent to and
sign the restrictive covenants prior to purchase.
I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.

Rick


Even if you don't sign it?


If you buy the property you agree to the deed restrictions and covenants.


Thank you. That was my point.

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Default Homeowner's Associations suck!

David Scheidt wrote:
There are exceptions, for instance, many
properties contain restrictions prohibiting blacks, jews, or otherwise
people the developer thought were "undesirable". These are
unenforcable, and meaningless, but still exist on many properties.


Exactly.
An Abstractors job can get complicated.

Rick
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Default Homeowner's Associations suck!

Phantman:
I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.


Gene Kearns wrote:
Even if you don't sign it?


Yep.
A deed restriction runs with the land. It's one of the reasons you get
a Title Opinion before buying property. To uncover these sorts of
things.

Rick
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Default Homeowner's Associations suck!

Phantman:
I don't know about your state, but in mine it's as binding as any
other deed restriction. And deed restrictions are very much binding.


Gene Kearns wrote:
Even if you don't sign it?


Phantman:
Yep.
A deed restriction runs with the land. It's one of the reasons you get
a Title Opinion before buying property. To uncover these sorts of
things.


Gene Kearns:
Nope. You miss the point. Wisest, IMHO, course is to walk away and
look for a property that doesn't beg for civil litigation......
That is my comfort level. YMMV.


Nope. I get your point ("look for a property that doesn't beg for
civil litigation") and personally, I agree with that. But different
strokes for different folks. Many people are willing to give up
certain property rights in exchange for security or other perceived
advantages. My point was, make sure you know what you're buying before
you buy it, deed restrictions included, and hope your neighbors did
the same. That's the best way to avoid disappointments, surprises, and
litigation later, IMHO.

Rick


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