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HomeMy WebLinkAboutSUB202000205 Agreements 2021-07-22Prepared by: Forrest Russell McDaniel 3559 Gilbert Station Rd PARCEL ID: 03400-00-00-07100 Barboursville VA 22923 DECLARATION THIS DECLARATION is made this -� day of July, 2021, by Forrest Russell McDaniel and Forrest McDaniel (the "Declarant' WITNESSETH: WHEREAS, the Declarant is the owner of the property containing 34.70 acres more or less, known as TMP 03400-00-00-07100, (the "Property") as shown on the plat identified as "PLAT SHOWING NEW PARCEL `X' A FAMILY DIVISION OF TAX MAP 34 PARCEL 71 RIVANNA MAGISTERIAL DISTRICT ALBEMARLE COUNTY VIRGINIA", dated October 6, 2020, Last Revised April 29, 2021 made by Brian D. Jamison, L. S.., 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 "New Parcel X", containing 4.00 acres, and the "Residue Lot", containing 30.70 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 New Parcel X 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 New Parcel X and the Residue Lot as further shown on the Plat. 2. Neither New Parcel X or the Residue Lotmay 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. COP P: W) A /�//,,,al) 4��1(Se Forrest Russell McDaniel 04 0-�"l -/0 r% (Seal) Forrest McDaniel COMMONWEALTH OF VIRGINIA CITY/COUNTY OF 4 ( bg iv-" to wit; The foregoing instrument was acknowledged before me this a a day of J U-� 2021, by Forrest Russell McDaniel and Forrest McDaniel. SO. My commission expires: --32-1 Ke` Deborah L. King Commonwealth of Vrginia .. Notary PuWfc Registration #:� �iS3 `+!'` Commission No. 2454 .:fig' MyCarr**simExpire's 1 - i'Z.1