HomeMy WebLinkAboutSUB202000218 Agreements 2020-11-23PARCEL ID: 02700-00-00-046AO
DECLARATION
THIS DECLARATION is made this 20th day of November, 2020, by Hugh N. Clark. III and
Charlotte B. Clark, (the "Declarant").
WITNESSETH:
WHEREAS, the Declarant is the owner of the property containing 3466 acres more or less,
known as TMP 02700-00-00-046A0, (the "Property") as shown on the plat identified as "Family
Subdivision Plat, Lot 1, containing 3.00 acres", dated November 12, 2020, made by Roger W.
Ray & Assoc., Inc., 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 11
containing 3.00 acres, and the Residue, containing 3166+/- 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 I & the Residue, 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 I & the Residue as further shown on the Plat.
2. Neither Lot 1 or the Residue, 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.
COMMONWEALTH OF VIRGINIA
CITY/COUNTY OF 414EA tAje to wit;
GJ /t^^" a. l L' (Seal)
Cj o� (Seal)
The foregoing instrument was acknowledged before me this day of u ,L , 2020,
by Hugh N. Clark. III and Charlotte B. Clark.
My commission expires: 3�