Please note that this may not be a complete list of all deed restrictions or other restrictions for this parcel. A title report may show further restrictions.
Recording Date | Recording Number | Description |
---|---|---|
10/03/2016 | DOC #4639345 | Deed restriction for the property restricting the unit to be rented or sold at specified monthly rental rates and sales prices due to it being moderate income housing. |
10/03/2016 | 4639345 | This document is an amended and restated declaration of the covenants, conditions, and restrictions for TRPA subdivision requirements against APNs 132-560-09, 132-560-10, 132-560-11, and 132-560-12. It acknowledges and amends paragraph 3 of the prior deed restriction, document 2416607, dated 1/24/2000, to read as follows: Moderate-Income Housing: Moderate-income housing shall not include units with a rental rate that exceeds 30 percent of the tenant's monthly gross income. Subdivision projects shall be reviewed for purposes of determining appropriate income and sales price limitations for the sales rate of moderate-income housing. Item #1 of the Declarations of this document detail the affordability calculation. See a copy of the deed restriction in CAP DOCUMENTS. |
01/24/2000 | 2416607 | APNs 132-240-15, 132-550-00, 132-560-01 through 132-560-32, & 132-570-01 through 132-570-32 are part of a deed restricted "project area". These parcels are permanently deed restricted to be treated as if legally consolidated for purposes of land coverage calculations within the project area and the TRPA ordinances pertaining to land coverage. The residential units, if rented or sold, shall be rented or sold at rates and prices affordable to tenants or households that earn not more than 120% of the Washoe County median annual income ("Median Income"), as such is adjusted from time to time. See copy of deed restriction under CAP DOCUMENTS for Median Income affordability calculation. |