Avoiding the Dry Rot of Restrictions that Stop Redevelopment

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June 2013
Brad Goss
Builder News

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This article discusses the restrictions found in Declarations of Covenants or Trust Indentures which can pose roadblocks that convert profits into lawsuits. Brad Goss identifies the key for the builder as determining who controls the association, for how long, and if the Declaration contains restrictions on building and protections for construction and sales activity.

Ultimately, Brad finds that with careful review, the roadblocks may be removed to allow the successful build of a subdivision.

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