Sarasota -Lakewood Ranch - Longboat Key, Florida, United States
Green Realtor
Showing posts with label operating and maintaining property commonly owned. Show all posts
Showing posts with label operating and maintaining property commonly owned. Show all posts

Sunday, January 25, 2009

Real Estate Term You Should Know

CC and Rs

Covenants, conditions and restrictions. The basic rules establishing the rights and obligations of owners (and their successors in interest) of real property within a subdivision or other tract of land in relation to other owners within the same subdivision or tract in relation to an association of owners organized for the purpose of operating and maintaining property commonly owned by the individual owners.