This Declaration of Restrictive Covenants - Troy Gardens Case Study
This Declaration of Restrictive Covenants - Troy Gardens Case Study
This Declaration of Restrictive Covenants - Troy Gardens Case Study
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LETTER OF ACKNOWLEDGMENT<br />
I, ______________ have been independently engaged by _______________<br />
(“Client”) who intends to purchase Property from [MACLT <strong>Troy</strong> <strong>Gardens</strong> Residential Parcel,<br />
LLC] [Madison Area CLT Corporation] (“Seller”). The Property is located at _________ <strong>Troy</strong><br />
Drive, Madison, Wisconsin.<br />
In connection with the contemplated purchase <strong>of</strong> the Property, I reviewed with the<br />
Client the following documents relating to the transaction:<br />
Client;<br />
a. this Letter <strong>of</strong> Acknowledgment and a Letter <strong>of</strong> Stipulation from the<br />
b. the proposed Deed conveying the Property to the Client;<br />
and Seller;<br />
c. the <strong>Declaration</strong> <strong>of</strong> <strong>Restrictive</strong> <strong>Covenants</strong> executed by the Client<br />
d. the Amended and Restated Ground Lease between Madison Area<br />
CLT Corporation and MACLT <strong>Troy</strong> <strong>Gardens</strong> Residential Parcel, LLC, as amended, relating to<br />
the ground underlying the Property;<br />
e. the Articles <strong>of</strong> Incorporation and Bylaws <strong>of</strong> <strong>Troy</strong> <strong>Gardens</strong><br />
Condominium Association, Inc., each as amended;<br />
f. the <strong>Declaration</strong> <strong>of</strong> <strong>Troy</strong> <strong>Gardens</strong> Condominium and related Plat,<br />
each as amended; and<br />
g. other written materials provided by Seller.<br />
The Client has received full and complete information and advice regarding this<br />
conveyance and the foregoing documents. My advice and review has been given to reasonably<br />
inform the Client <strong>of</strong> the present and foreseeable risks and legal consequences <strong>of</strong> the<br />
contemplated transaction.<br />
The Client is entering the aforesaid transaction in reliance on his/her/their own<br />
judgment and upon his/her/their investigation <strong>of</strong> the facts. The full and complete advice and<br />
information provided by me was an integral element <strong>of</strong> such investigation.<br />
Name _____________________________<br />
Date _______________________<br />
Title _____________________________<br />
Firm/Address ______________________<br />
MADI_663979.5<br />
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