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Regulations, Easements and Assessments (REA) Disclosure and Addendum
(Required for all Listing Agreements and Sales Contracts in Montgomery County)
The Contract of Sale dated, Addressing, State,
ZipbetweenSellerandBuyeris
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Who needs regulations easements and assessments?
01
Regulations easements and assessments are needed by various individuals, organizations, and entities including:
02
- Property owners who need to establish legal restrictions or provisions on their property.
03
- Real estate developers who require easements for access or utility purposes.
04
- Government agencies that oversee land-use planning and zoning.
05
- Surveyors and land professionals involved in property evaluations or boundary determinations.
06
- Appraisers who assess the value of properties.
07
- Environmental agencies concerned with managing conservation easements.
08
- Homeowners associations or condominium boards responsible for managing community regulations.
09
- Utility companies that need easements for maintaining infrastructure.
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- Organizations involved in the management of public parks or protected areas where regulations and assessments are necessary.
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- Architects and engineers involved in construction projects that require adherence to specific regulations and assessments.
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- Lawyers and legal professionals who deal with property rights and related legal matters.
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What is regulations easements and assessments?
Regulations easements and assessments refer to legal restrictions on the use of a property, typically imposed by a government entity or a homeowners association.
Who is required to file regulations easements and assessments?
Property owners are typically required to file regulations easements and assessments.
How to fill out regulations easements and assessments?
Regulations easements and assessments can usually be filled out using a form provided by the relevant governing body or organization.
What is the purpose of regulations easements and assessments?
The purpose of regulations easements and assessments is to ensure that property owners abide by certain rules and regulations in order to protect the interests of the community or to comply with legal requirements.
What information must be reported on regulations easements and assessments?
Information such as the type of easement or assessment, the affected property, the restrictions imposed, and any relevant dates must typically be reported.
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