HomeMy WebLinkAboutSUB202000057 Agreements 2020-04-20 Prepared by
Donna Paula Price
PARCEL ID: 11500-00-00-00500
DECLARATION
THIS DECLARATION is made this Pe—day of //),N/L , 2020, by Donna Paula
Price, (the"Declarant")
WITNESSETH:
:WHEREAS, the Declarant is the owner of the property containing 5.7.35 acres more or
less, known as TMP 11500-00-00-00500,, (the "Property") as shown on the plat identified as
"Family Subdivision Plat", dated April 8, 2020, made by C Steve Garrett, .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 21.01 acres; Lot 2, containing 15.27 acres and the Residue Lot, containing 21 07 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, Lot 2, 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, Lot 2, and the Residue Lot as
further shown on the Plat.
2. Neither Lot 1, Lot 2; 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
4Lt /J4 / (Seal)
Donna Paula Price
COMMONWEALTH OF VIRGINIA
CITY/COUNTY OF 4/h e-dl.tack- , to wit;
The foregoing instrument was acknowledged before me this Z day of 42i-i ! ,
2020,by Donna Paula Price.My commission expires. D3
/31/7n24
Notary Public
Lep( • •
• NOTARY �.
PUBLIC
• SEW 7701230 ,
MY COMMISSION
EXPIRES •
00131/2021•
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