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MONROE CITY COUNCIL Agenda Bill No. 18228 SUBJECT:Public Hearing: Resolution No. 022/2018, Approving Amended and Restated Restrictive CovenantDATE: 11/13/2018DEPT: AdministrationCONTACT: Deborah KnightDiscussion: Public
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Restated restrictive covenant is a legal agreement that limits the use of a property in certain ways, typically to maintain a particular aesthetic or prevent certain activities.
Property owners or developers who are subject to a restrictive covenant are required to file a restated restrictive covenant.
Restated restrictive covenants can be filled out by following the specific guidelines provided by the jurisdiction in which the property is located, typically with the assistance of a real estate attorney.
The purpose of restated restrictive covenant is to ensure that property owners comply with the restrictions set forth in the original covenant, and to provide clarity on the terms of the agreement.
Restated restrictive covenants must typically include information on the property subject to the covenant, the restrictions being imposed, and the parties involved in the agreement.
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