It reads like one of the USA neighbourhood associations.
You buy the house and land but its in a gated area controlled by a group you pay dues to (usually annually). The group says what outside features you can have (paint, decorations, garage size, fence height...etc) and in selling your house, they have to approve the next owners--who must agree to the rules and fees.
You own something but its like claiming your room and clothes in your parent's house. You can try and do what you want, but someone else has the final word.
Edit: removed some personal information after reconsider.
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Ann
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