HomeMy WebLinkAboutSUB202100067 Agreements 2021-12-17 (2)Prepared by:
Rodney L. Knicely
PARCEL ID: 04500-00-00-059E1
DECLARATION
THIS DECLARATION is made this 14 day of December 2021 by Rodney L. Knicely
and Nancy E. Knicely (the "Declarants").
WITNESSETH:
WHEREAS, the Declarants are the owners of the property containing 4.239 acres more
or less, known as TMP 04500-00-00-59E1 (the "Property'), shown on the plat identified as "Plat
Showing Knicely Family Subdivision," dated January 27, 2021 and last revised June 28, 2021,
made by Commonwealth Land Surveying, LLC, a copy of which plat is attached hereto and
recorded herewith (the "Plat').
WHEREAS, the Declarants desire to record the Plat to subdivide the Property into "Lot 2,"
containing 2.168 acres, and "Lot 1," containing 2.071 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 2 and Lot 1, 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 2 and Lot 1, as further shown on the
Plat.
2. Neither Lot 2 nor Lot 1 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, or if the lending
institution requires in writing that the spouse of the member of the immediate family be a co -
grantee and co-owner of the lot. 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.
/ i a.aG, (Seal)
Rodney Lanicely
Nancy E. icely
COMMONWEALTH OF VIRGINIA
CITY/COUNTY OF `Z to wit;
The foregoing instrument was acknowledged before me this G j iX day of
20 62 � , by Rodney L. Knicely and Nancy E. Knicely.
My commission expires: kl� 91-6490 3
I I 1 1 1 -Wo
Notary Public L�
Nell fNetody 8alaner
Commonvraatlh of Nrglnia
Notary Public
Commission No. 102489
My Commission Exphes 10131I2023