Legal Question in Real Estate Law in Washington
CCRs - Clause Waiver
The CCRs on a property we're interested in buying stipulate that a home must start to be built on it within two years. If a waiver of this CCR requirement is signed into the sales agreement by both the seller (developer & lone HOA member) and the buyer, is it binding and legally defensible against a non-compliance claim the future HOA may try to make? The CCRs do not say that exclusions, exceptions or waivers cannot be made at the time of purchase...
1 Answer from Attorneys
Re: CCRs - Clause Waiver
The CC&Rs bind the entire subdivision. So you'd probably have to get the owners of all the parcels to agree to amend the CC&Rs for your parcel. I would have to read the CC&Rs to know for sure.
I would not buy this property until you have an attorney look at the CC&Rs and advise you. Realtors and title people mean well, but this issue is beyond their expertise. See an attorney.