Legal Question in Real Estate Law in Georgia

We currently live in a fairly new subdivision with 12 houses. The remaining property in our subdivision recently has gone under foreclosure. Will our current covenant remain if the subdivision is purchased by another developer? Or will we be subject to a new set of rules after it has sold?


Asked on 8/27/09, 2:31 pm

1 Answer from Attorneys

Yasha Heidari Heidari Power Law Group, LLC

Generally speaking, your existing covenants will apply to the remaining property as well.

DISCLAIMER: Absent a signed engagement and retention letter, I am not your attorney and no attorney-client relationship exists. Any answer provided is merely for guidance and shall not constitute legal advice.

Read more
Answered on 9/01/09, 2:48 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Georgia