A buyer is considering a property in one of the subdivisions of a Planned Unit Development...
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A buyer is considering a property in one of the subdivisions of a Planned Unit Development (PUD). The buyer noticed nearby properties having detached garages and workshops. The buyer mentions to their agent that they want to build a detached building on the back of the lot for a home business. There is an HOA for this subdivision. Additionally, there are overarching covenants, conditions, and restrictions (CCR) for the PUD. What actions, if any, should be taken by the broker to assure the buyer can use the property as they wish? O A. Recommend the buyer determine if architectural review requirements exist for the subdivision. OB. Determine if home business use is allowed in the subdivision. Take no action because other properties have detached buildings. Recommend the buyer obtain the current CCRs and all current HOA documents. ABCD D. A buyer is considering a property in one of the subdivisions of a Planned Unit Development (PUD). The buyer noticed nearby properties having detached garages and workshops. The buyer mentions to their agent that they want to build a detached building on the back of the lot for a home business. There is an HOA for this subdivision. Additionally, there are overarching covenants, conditions, and restrictions (CCR) for the PUD. What actions, if any, should be taken by the broker to assure the buyer can use the property as they wish? O A. Recommend the buyer determine if architectural review requirements exist for the subdivision. OB. Determine if home business use is allowed in the subdivision. Take no action because other properties have detached buildings. Recommend the buyer obtain the current CCRs and all current HOA documents. ABCD D.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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