Quote:
Originally Posted by skyguy79
I can't answer all of your questions but I can tell you that the deed restrictions state that the developer is the party that determine who under 55 can purchase under a "hardship exemption" as defined within the DR's and depending on the current 80/20% status. As for who actually evicts? I don't know or know if it's ever happened. But I would presume that the developer could obtain an eviction order from the courts if it became necessary. The owner would probably then either have to sell the property or rent it out! You can find an "example" of a deed restriction at the following pdf document and what you'll be looking for is subdivision 2.25 at the bottom of page 3:
http://www.districtgov.org/images/De...207/S7-140.pdf
or if you have a problem with the above link, go to this link where all DR's can be found:
http://www.districtgov.org/departmen...standards.aspx |
Appreciate it. Was just wondering.