When you buy a house in a new subdivision or planned unit development, you may be subject to a host of rules and regulations.
When you buy a home in a new subdivision, common interest development (CID), planned unit development (PUD), or co-op, chances are good that you also automatically become a member of an exclusive club -- the homeowners' association. The club's members include all the people who own homes in the same development.
The homeowners' association will probably exercise a lot of control over how you use your property. These rules are called
CC&Rs, or Declarations.
The transfer deeds to homes in The Bench Condos include limitations on how the property can be used. Usually these limitations -- called covenants, conditions, and restrictions (CC&Rs) -- put decision-making rights into the hands of the homeowners' association.
Visit the links on the right to find out more about The Bench CC&Rs and HOA coverages.
|
