A Restrictive Covenant is a legal obligation that is recorded in a deed when ownership of a home or property is transferred. These restrictions ‘run with the land,' meaning they apply to future owners of the property as well.
Anyone who purchases or obtains property in the Lakes of the North development must comply with the recorded Restrictive Covenants, including their limitations and requirements. These restrictions may pertain to factors such as the size, location, or type of structure, as well as the activities permitted on the property.
Additionally, the Association's Restrictive Covenants include provisions for collecting annual assessments.
Restrictive Covenants