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HomeMy WebLinkAboutSUB202000072 Agreements 2020-08-16 Prepared by: June Bates PARCEL ID: 09300-00-00-01100 DECLARATION THIS DECLARATION is made this I (a day of August, 2020, by Linda H. Bates (the "Declarant"). WITNESSETH: WHEREAS, the Declarant is the owner of the property containing 10.661 acres, more or less,known as PID 09300-00-00-01100,(the"Property")as shown on the plat identified as"Family Subdivision Plat, Showing PID 09300-00-00-01100, Creating Lot 1", dated October 1, 2019 and revised July 24, 2020, made by Commonwealth Land Surveying, LLC., 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 2.507 acres, and PID 093-00-00-01100 (the "Residue Lot"), containing 8.154 acres, as more particularly shown on the Plat. WHEREAS,such subdivision has been approved as a family subdivision in accordance with Section 14-212 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 nor 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. 1 -s:fis\dso--14Aa te, (Seal) Linda H. Bates w COMMONWEALTH OF VIRGINIA CITY/COUNTY OF ALBEMARLE to wit; The foregoing instrument was acknowledged before me this J ay of_krSA 2020,by Linda H. Bates. My commission expires: l-av-o'2P iizeiEZIA) Notary Public 1IREBECCA A.MORTON. NOTARY i UBLIC REGISTRATION#309441 CQVIMONWEALTH OF VIRGINIA