Full question:
There is a new builder in our neighborhood who is not following the protective covenants and subsequently decreasing the value of our existing homes. Do we have recourse? Can we require him to follow the existing covenants legally?
- Category: Real Property
- Subcategory: Homeowner's Association
- Date:
- State: North Carolina
Answer:
When a builder purchases a lot in a subdivision, they are bound by the existing protective covenants, even if they were unaware of them. These restrictions run with the land, meaning they apply to all current and future owners. If the builder violates these covenants, homeowners can take legal action against them and/or the homeowners' association. This involves filing a lawsuit to compel compliance with the covenants and bylaws. It's important to note that these legal actions are private rights, meaning you must pursue them on your own, as no state agency can enforce these rights. You would need to handle the lawsuit yourself and cover your legal costs, including attorney fees and any necessary expert witnesses, like appraisers. If successful, you may be awarded damages for the decrease in property value caused by the builder's actions.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.