Resale Restriction Agreement and Option to Purchase Sample Contracts

RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO:

Resale Restriction Agreement and Option to Purchase • September 18th, 2023 • California

• Contract Type
  Resale Restriction Agreement and Option to Purchase
• Filed
  September 18th, 2023
• Jurisdiction
  California

THIS AGREEMENT IMPOSES RESTRICTIONS UPON RESALE AND REFINANCING. VIOLATION OF SUCH RESTRICTIONS ENTITLES THE CITY OF HOLLISTER TO EXERCISE REMEDIES, INCLUDING THE EXERCISE OF AN OPTION TO PURCHASE THE PROPERTY AT A RESTRICTED PRICE AND FREE OF ALL UNAUTHORIZED LIENS.

Recording Requested By and

Resale Restriction Agreement and Option to Purchase • June 21st, 2022

• Contract Type
  Resale Restriction Agreement and Option to Purchase
• Filed
  June 21st, 2022

RESALE RESTRICTION AGREEMENT AND OPTION TO PURCHASE

Resale Restriction Agreement and Option to Purchase • May 5th, 2020 • California

• Contract Type
  Resale Restriction Agreement and Option to Purchase
• Filed
  May 5th, 2020
• Jurisdiction
  California

WHEREAS, pursuant to its Inclusionary Zoning Regulations (Dublin Municipal Code Section 8.68), the City has established a program to further its goal of creating affordable home ownership opportunities for low- and moderate-income households by providing for the construction and sale of certain homes at a price below their market rate (the “Program”);