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What
are CC&Rs?
Basically
the CC&Rs (Covenants, Conditions and Restrictions) are
deed restrictions that are contractual limitations of your
rights as a property owner. Originated by the initial developer,
these restrictions were placed on your property deed, recorded
with Los Angeles County, and made a condition of the purchase
of your lot.
When
you purchased your property, along with a myriad of other
forms and documents, you signed a contract. What follows
is a typical working of such a contract. While yours may
differ in precise wording, in essence it states:
The
undersigned declares that he has read and understands the
deed restrictions/CC&Rs applicable to the subject property,
and that the improvement herein applied for does not violate
any such restrictions. I also certify that I have submitted
plans to the Architectural Control Committee (ACC), or the
local homeowners association, where required by said CC&Rs
or deed restrictions, and have received approval for said
improvement.
Since
these restrictions are attached to the property, they are
automatically passed along to any subsequent owner(s). In
other words, the CC&Rs run with the land.
What
is the intent of CC&Rs?
Originally,
the intent of the developer was to originate a marketing
tool that purported to insure that property values would
be protected. You, the new owner, would be protected. You,
the new owner, would not have to worry that your dream
home and the neighborhood would deteriorate.
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