Condominium Association Clause Samples
The Condominium Association clause defines the rights and obligations of the parties in relation to the governing body of a condominium property. It typically outlines requirements for compliance with association rules, payment of dues or assessments, and the process for obtaining necessary approvals for alterations or transfers. For example, a buyer may be required to review and accept the association’s bylaws, or a seller may need to provide documentation of paid assessments. This clause ensures that all parties are aware of and adhere to the condominium’s governance structure, thereby preventing disputes and facilitating smooth property transactions within the association’s framework.
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Condominium Association. The Unit owners association and/or organization, the membership of which is comprised of Unit Owners (defined below).
Condominium Association. ▇▇▇▇▇▇ agrees to abide by all Condominium Association Declaration and By-Laws if an association is created. ▇▇▇▇▇▇ acknowledges the fact that the Leased Premises may be part of a Condominium Association in the future.
Condominium Association. The Tenant acknowledges that they are leasing a residence located in a condominium association and that any rules or regulations, typically located in its bylaws, supersede any of the terms of this Agreement.
Condominium Association. The Property is a condominium which is subject 7 to the rules and regulations of a condominium association (“Association”). If the condominium property is subject to a 8 master Homeowners' Association, also attach Homeowners' Association Addendum. Seller's warranty under 9 Paragraph 8 of this Contract, risk of loss under Paragraph 9 of this Contract, and As Is with Right to Inspect 11 other common elements or any other property.
Condominium Association. The association, trust or other organization that is responsible for collecting fees or dues associated with your ownership or rental of the Unit. • Payment: Condo Fee or Rent, as applicable.
Condominium Association. Only the Owner of a unit within the Ellenwood Landing Condominium Association shall have a right to vote in the association and no one storing a Boat at the storage buildings who does not own a unit shall have any right to vote or have a voice in the affairs of the association.
Condominium Association. This Agreement is also Buyer’s application for membership in the Association, which membership shall automatically take effect at closing. At that time, Buyer agrees to accept all of the liabilities and obligations of membership.
Condominium Association. Tenant acknowledges that the Premises may be a single or partial condominium unit within the condominium development known as the ▇▇▇▇ Works Condominium (“Condominium”). Landlord warrants that in such event the Condominium documents will not increase, modify (except to a de minimis extent), or expand the obligations of Tenant or reduce, limit, or otherwise materially interfere with the rights of Tenant under this Lease.
Condominium Association. For Property Managers, the association, trust or other organization that is responsible for collecting fees or dues associated with the Unit(s) for which you have entered into a written agreement to collect Condo Fees.
Condominium Association. This Agreement is also Buyer’s application for membership in the Condominium Association, which membership shall automatically take effect at closing. At that time, ▇▇▇▇▇ agrees to accept the liabilities and obligations of membership. ▇▇▇▇▇ acknowledges receipt of and agrees to be bound by the Condominium Documents, including, without limitation, the Declaration of Condominium, as same may be amended and/or supplemented from time to time. ▇▇▇▇▇ acknowledges and agrees that title to the Units shall be subject to such documents.