Q: What are some important considerations relating to forming a CPR and selling Units?
Forming a CPR does not permit for any development that would not otherwise be permitted under county land use laws. For example, if county land use laws permit a property to have one dwelling, forming a two-unit CPR on the property would not permit each unit to have one dwelling.
Forming a CPR does not permit for any development that would not otherwise be permitted under any restrictions that may be imposed on title to a property. For example, if there is a restrictive covenant on a property that restricts the property to one dwelling, forming a two-unit CPR on the property would not permit each unit to have one dwelling.
In order to sell units in a CPR that contains structures over one year old, a Developer must obtain “a verified statement signed by an appropriate county official that..[t]he structures are in compliance with all zoning and building ordinances and codes applicable to the project at the time it was built.” In order to issue the statement, the county will inspect the property. If there are code violations, the county may require that repairs be made, and if they are not made, the county may cite the Developer for a violation.
Q: Can I CPR my property?
A: Perhaps. Please provide us with the following information:
Title policy, title report, current deed, tax map key number, or property address
Current use, number of dwellings, etc.
Reason you wish to CPR