Common use of Development and Sales Period Clause in Contracts

Development and Sales Period. The "Development and Sales Period," for the purposes of the Condominium Documents and the rights reserved to Developer hereunder, shall be deemed to commence on the date that this Master Deed is recorded with the Macomb County Register of Deeds and shall continue for so long as the Developer continues to own any Unit in the Project or during the period when new houses are under construction by the Developer, and/or Builder, and/or independent contractor.

Appears in 3 contracts

Sources: Master Deed, Master Deed, Master Deed