§ 142-38. Legal documents.

A. 

The subdivider shall file legal documents that establish procedures for the establishment of a nonprofit property owners' association prior to the sale of any lot in an approved subdivision. These legal documents shall be submitted to the Subdivision Administrator and the County Attorney for review and approval prior to the final subdivision plats. These documents shall include but not be limited to provisions for dedication of common properties, declarations of covenants, conditions and restrictions, articles of incorporation, bylaws and deed clauses for common areas.

B. 

All final contracts between the subdivider and all lot purchasers shall include a consumer disclosure statement listing the property owners' association's annual assessments and the copy of the final approved property owners' association bylaws. Membership in the property owners' association shall be mandatory for each original purchaser and each successive purchaser of a lot in any approved subdivision.