What do the Clear Lake Golf Club deed restrictions actually say?
In summary, they say that the golf course property must remain a golf course or other type of recreational facility until at least 2021, even if it is sold to someone else. The actual text of the deed restriction is far more lengthy and detailed, and the relevant paragraphs are reproduced below:The Property shall be maintained, improved, used, enjoyed and conveyed in accordance with, and subject to the following covenants, conditions, and restrictions hereinafter set forth (the “Protective Covenants”), all of which are hereby adopted for, and placed upon all parties, now and in any time hereafter, having or claiming any right, title or interest in the Property or any part thereof, their heirs, executors, administrators, successors and assigns, regardless of the source of, or the manner in which such right, title or interest is or may be acquired; provided, however, that Grantor acknowledges that all existing improvements on and uses of the Property as of the effective date of the Deed
In summary, they say that the golf course property must remain a golf course or other type of recreational facility until at least 2021, even if it is sold to someone else. The actual text of the deed restriction is far more lengthy and detailed, and the relevant paragraphs are reproduced below: The Property shall be maintained, improved, used, enjoyed and conveyed in accordance with, and subject to the following covenants, conditions, and restrictions hereinafter set forth (the “Protective Covenants”), all of which are hereby adopted for, and placed upon all parties, now and in any time hereafter, having or claiming any right, title or interest in the Property or any part thereof, their heirs, executors, administrators, successors and assigns, regardless of the source of, or the manner in which such right, title or interest is or may be acquired; provided, however, that Grantor acknowledges that all existing improvements on and uses of the Property as of the effective date of the Deed