South Medlock Place

What South Medlock Place's governing documents say

This document is a partial, ancillary covenant recorded in 1962 that restricts use of Lot 76 (Parcel A) in South Medlock Place, Phoenix, to protect a title insurance/escrow business operating on adjacent Lot 77 (Parcel B). It is not a full set of HOA or community rules. The restriction benefits certain lessees of Parcel B and a lender (The Equitable Life Assurance Society).

• Use restriction on Lot 76: Lot 76 cannot be leased, subleased, assigned, or used by any title insurance company or escrow company, with limited exceptions for Phoenix Title and Trust Company, Union Title Company, and Arizona Land Title & Trust Company.
• Who benefits from this restriction: The restriction is for the benefit of any current or future lessee of Parcel B (Lot 77) that conducts a title insurance and escrow business, and for The Equitable Life Assurance Society (the lender). It runs with the land as a burden on Lot 76 and a benefit on Lot 77.
• Enforcement: Violations may be restrained by a court upon application by an affected lessee of Parcel B, the lender, or another beneficiary of the covenant.
• What this document doesn't cover: This document does not establish a homeowners association, common areas, assessments, architectural rules, leasing restrictions (other than the specific use prohibition), pet rules, or any other typical community covenants. It is a narrow, single-purpose restriction affecting only one lot.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.