HomeMy WebLinkAboutSUB202100103 Agreements 2022-03-18Prepared by: Kristy L. Johnston, Esq. PARCEL. ID: 09800-00-00-OOIAI
VSB # 94345
2350 Commonwealth Dr., Suite C
Charlottesville, VA 22901
DECLARATION
THIS DECLARATION is made this 22 day of February, 2022, by MARK E. KING and
CHRISTINE M. KING, (the "Declarants").
WITNESSETH:
WHEREAS, the Declarants are the owners of the property containing 89.95 acres more or
less, known as TMP 09800-00-00-OOIAI, (the "Property") as shown on the plat identified as
"FAMILY SUBDIVISION PLAT," dated May 11, 2021, revised February 11, 2022, and further
revised February 22, 2022, made by BRIAN S. RAY, Land Surveyor, 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 I "
containing 2.92 acres, and the "Residue Lot " containing 87.03 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 and the Residue Lot and the Declarants desire to impose
such restrictions.
NOW THEREFORE, the Declarants agree to and declare 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 or 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
Declarants, 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 Declarants/Grantors 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.
[SIGNATURE PAGE FOLLOWS]
1
WITNESS the following signatures and seals
(SEAL)
nD —/� • Ia (SEAL)
Christine M. King, Declarant
COMMONWEALTH OF VIRGINIA
COUNTY OF ALBEMARLE, to wit:
MR"N
The foregoing instrument was acknowledged before me this )4__ day off, 2022,
by Mark E. King and Christine M. King.
Motary Public 0—
My commission expires: q- 30 - AOAP,
My commission ID Number:
S:TJL De TV FIIea Wjng. Mark @. Chns ncTmnily Subdivision De Mtim.R "SM 02.23.22.dwx