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This document is a Preservation Restriction Agreement made between the Forrester Street Professional Condominium and the National Architectural Trust, Inc. It aims to preserve the architectural, historic, cultural, and open space features of the property located at 37.5 Forrester Street, Newburyport, Massachusetts, which is a certified historic structure. The agreement stipulates the responsibilities of both the Grantor and Grantee to maintain the property\'s character-defining features and...

How to fill out preservation restriction agreement

How to fill out preservation restriction agreement

1. Obtain the preservation restriction agreement template or form from the appropriate governing body or organization.
2. Read the instructions carefully to ensure understanding of all requirements.
3. Fill in the property owner’s details, including name and address.
4. Provide a clear description of the property involved, including its location and any relevant identifying information.
5. Specify the terms of the preservation restriction, detailing what specific preservation measures or conditions are required.
6. Include the duration of the preservation restriction, whether it is for a fixed period or in perpetuity.
7. Have all necessary parties review the agreement for accuracy and compliance with local laws.
8. Obtain signatures from the property owner and any required representatives or entities.
9. Submit the signed agreement to the relevant authority or organization for approval and recording.

Who needs preservation restriction agreement?

1. Property owners of historically significant sites or structures who wish to ensure their preservation.
2. Government agencies responsible for the protection of cultural heritage.
3. Non-profit organizations focused on historic preservation and conservation efforts.
4. Developers or investors involved in projects that may impact historically significant properties.

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What is preservation restriction agreement?

A preservation restriction agreement is a legal document that restricts certain activities on a property to protect its historical, architectural, or aesthetic value.

Who is required to file preservation restriction agreement?

Property owners seeking to establish or maintain preservation restrictions on their properties are required to file a preservation restriction agreement.

How to fill out preservation restriction agreement?

To fill out a preservation restriction agreement, property owners must provide detailed information about the property, the specific restrictions to be applied, and any parties involved in the agreement.

What is the purpose of preservation restriction agreement?

The purpose of a preservation restriction agreement is to ensure the continued protection of properties deemed significant for historical or cultural reasons by restricting development or alterations.

What information must be reported on preservation restriction agreement?

The agreement must report the property's location, a description of the property, details of the restrictions, and the names of the parties involved in the agreement.