In a friends/family compound that is subdivided, you need a covenant on the original deeds that controls what happens when a member wants to sell their lot, e.g. the existing members collectively have to approve the buyer, or have right of first refusal to buy back the property, etc
Otherwise what starts as a family compound will eventually just become a “normal” neighborhood of strangers.
Subdivided family compounds are one of the extremely rare cases where you actually want a deeded homeowners association.
Otherwise what starts as a family compound will eventually just become a “normal” neighborhood of strangers.
Subdivided family compounds are one of the extremely rare cases where you actually want a deeded homeowners association.