Property Information

# of Deed Restricted Units: 7
Type: 1-, 2-, and 3-bedroom condos
Occupancy: Owner Occupied
AMI Target: 110% AMI
Neighborhood Amenities: Rec path; proximity to parks, trails, public transit
Construction Complete: 2014

Restrictive Covenant Highlights

Employment: 30+ hours per week in Summit County
Income Limits: <110% AMI
Assets: N/A
Property: Not allowed to own other property
Appreciation Limit: 3% compounded annually
Commission: 2% of sale price
Capital Improvements: 10% of initial purchase price upon approval
Retirement: Full retirement at age 65, resident can remain in the home if they have occupied it for 7+ years
Rent: No short term rental allowed; owners can rent rooms to qualified tenants upon approval

Restrictive Covenants

Please note that the information provided on this page is for convenience only and is not a substitute for a full recorded document search and review. To obtain the recorded documents, please contact the Summit County Clerk & Recorder’s office.

All owners of deed-restricted units in the Town of Frisco may opt in to a new covenant, developed in 2019. Some properties in this neighborhood may be currently under this covenant. Please contact the Summit County Clerk & Recorder to access the covenant on a particular property. If you are the owner of a deed-restricted property in the Town of Frisco, please contact the Town for information on how to opt into this covenant.