- 7 - the cluster home owners: (1) Each cluster home owner was required to abide by the rules and regulations of Highland Farms. (2) Each cluster home owner was prohibited from carrying on any noxious or offensive activity in the cluster home or on the grounds of Highland Farms. (3) At least one occupant of the cluster home had to be 55 years of age or older; no occupant could be under 18 years of age; and no more than three persons could reside in the cluster home. (4) No cluster home owner could lease or assign any rights in the cluster home and the ground surrounding the cluster home without petitioner's express permission. (5) No cluster home owner could convey or attempt to convey by deed or otherwise any incident of ownership in and to the cluster home and the grounds surrounding the cluster home without petitioner's express written permission. (6) The cluster home owner could not make any structural changes or additions to the cluster home without the written consent of petitioner. With the exception of the destruction provision, if the owner of a cluster home desired to sell the home or died within the first 7 years of residence, petitioner was obligated to repurchase the cluster home for a certain percentage of the original purchase price according to a schedule in the purchase agreement. If this occurred within the first 12 months from the date of purchase, the repurchase price was the original pricePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011