As required by Terrace at Highpointe Community Association bylaws and regulations, THCA President Bill Dowd reviewed the proposed lease before its completion to be sure it meets required standards.
It does, indeed, meet all requirements, chief among them a minimum four-month signed lease (in this case, it actually is an 18-month document) as well as acknowledgement that no matter what arrangement is made between property owner Rose Hastings-Weaver and a lessee, all financial obligations, such as dues, special assessments and any fees the THCA may levy, the responsibility for paying them lies with the property owner.
In addition, the realty company was asked, and agreed, to inform the lessee that all residents are required to abide by the bylaws and regulations of the THCA and its covenants.
According to the proposed lease, the property will again be put up for sale on April 1, 2013, with the right of first refusal to the lessee.
That leaves only one property on the Terrace, Shirley Fischer's 28 Hyland Circle, still on the market for sale.
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