At 01:19 PM 4/1/2005, Alan NV8A (ex. AB2OS) wrote:
>The other factor, in my case, is that I know about the CC&Rs only
>because I insisted on seeing them before even making an offer. They were
>not made available even at the closing, so it may well be that the
>neighbors have no idea that such CC&Rs exist.
>
>Alan NV8A
In California, I think that the CC&Rs must be provided at closing, and you
have to sign a statement that you've received them(among a thousand other
signatures).[I've blotted that out of my mind from when I went through it]
Of course, by that time, you're really far along in the buying process, but
I suppose that if you sat there and paged through them, and then found that
the seller's agent had made a material misrepresentation you could make a
stink. All in all, a very bad time to find out about it.
And, of course, as Alan pointed out, it's unlikely that your neighbors all
carefully read through the dozens of pages of legalese in the typical CC&R
document.
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