This protects you from wasting your time and effort on the properties in the event something happens to blow up the relationship and prevents your family member from obtaining new debt on the properties without you knowing about it.

I think overturning some of them will include getting some of the nearby lots to vote on it as there is a clause stating that that's allowed.The thing that scares me the most is regarding the stylistic stuff -- there's a clause stating -- "The homes shall be harmonious with and reflect the exterior design characteristics of these homes already erected on the property" and that combined with -- "it should be lawful for any peron or persons owning any real property situated in said tract, to prosecute an action or proceeding at law or in equity against a person or persons either to prevent him or them from violating these covenants or to recover damages for such violation"My RE lawyer friend said that its such a broad clause that it could potentially open you up to getting sued if a neighbor really wanted to depending on the stylistic choice of your home.

If I can't find reviews, and a lot of them that are in favor of a company, I'm not a player.

I think that the intent was to prevent breaking a single UoP into components.

However, I’m not sure if the fact that the businesses and properties being owned by Virginia LLCs prevents the asset protection and anonymity that I’m looking for.

Secondly, I would get that leak fixed asap to prevent this happening again.

They possess an in-depth knowledge of their target market and have cultivated strong relationships with brokers and other key players in the industry.

This does not prevent any Member from selling their house, refinancing, or purchasing additional property after closing as long as they meet the occupancy requirement.NACA puts a $25,000 soft-second lien on the property to ensure that the Member lives in the property for as long as they have the NACA Mortgage.

The panic of all this only highlights how many VERY novice players we have in this industry, and that is the real fearful item. 

This allowed us to not only tap into the tourism market but also gave us access to traveling medical professionals and students as well that would provide long term tenants if we were prevented from continuing with the STR model.Although we still have a long ways to go to meet our goals, we are excited for the foundations we had setup for this property to this point.