HomeMy WebLinkAboutSUB201800217 Other 2018-12-14Prepared by:
PARCEL ID: 00000-00-00-00000
DECLARATION
THIS DECLARATION is made this day of , by , (the "Declarant")
WITNESSETH:
WHEREAS, the Declarant is the owner of the property containing acres more or
less, known as TMP 00000-00-00-00000, (the "Property") as shown on the plat identified as
"TITLE OF SUBDIVISION PLAT", dated made by NAME OF
SURVEYOR., a copy of which plat is attached hereto and recorded herewith (the "Plat").
WHEREAS, the Declarant desires to record the Plat to subdivide the Property into "Lot 1 ",
containing _. acres, and the "Residue Lot", containing _. acres, as more particularly shown
on the Plat.
WHEREAS, such subdivision has been approved as a family subdivision in accordance
with Section 14-212(a) of the Code of Albemarle County, Virginia, and as a family subdivision
certain restrictions must be imposed upon Lot 1 and the Residue Lot and the Declarant desires to
impose such restrictions.
NOW THEREFORE, the Declarant agrees to and declares the following:
1. The Property is hereby subdivided into Lot 1 and the Residue Lot as further
shown on the Plat.
2. Neither Lot 1 or the Residue Lot, may be transferred, except by devise, descent or
operation of law, to a person other than an eligible member of the immediate family of the
Declarant, for a period of four (4) years after the date of recordation of the Plat, except for
purposes of securing any purchase money and/or construction loan, including bona fide
refinancing. If either lot created is conveyed back to the grantor during the four (4) year
retention period, it shall be recombined with the parent lot within six (6) months after such
conveyance and no building permits shall be issued for the lots until they are recombined.
WITNESS the following signature and seal.
NAME OF DECLARANT
COMMONWEALTH OF VIRGINIA
CITY/COUNTY OF , to wit;
(Seal)
The foregoing instrument was acknowledged before me this day of ,
2010, by NAME OF DECLARANT.
My commission expires:
Notary Public