Condominiums. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development), or stock in a cooperative housing corporation, such condominium, cooperative or planned unit development project meets the eligibility requirements of Fxxxxx Mxx and Fxxxxxx Mac.
Condominiums. Borrower shall not submit any Mortgaged Property to a condominium regime during the Term of this Agreement.
Condominiums. To the extent that this lease applies to condominiums, Lessee/s acknowledges that the demised premises is part of a condominium unit, and therefore Lessee/s use and occupancy of the demised premises is subject at all times to the terms of provisions, covenants and restrictions of the declaration of the condominium ownership covering the building and all applicable rules, regulations and by-laws of the condominium association as amended or added to from time to time (collectively “Condominium Documents”), copies of which have been provided to Lessee/s . The failure of Lessee/s to perform or observe any of the duties and obligations applicable to Lessee/s under the Condominium Documents shall constitute a default under this lease. Lessee/s shall indemnify Lessor/s and hold Lessor/s harmless from any damages, direct or indirect, as a result of such non-performance by Lessee/s.
Condominiums. Borrower shall cause the applicable Individual Property Owner, with regard to each Condominium and the related Condominium Documents, to:
Condominiums. The Declaration, Rules and Bylaws of the Condominium Corporation are attached to this agreement as Appendix “E” (or have been provided via email to the Tenant) and form part of the entire agreement. The Tenant(s) acknowledges that they, other occupants and their guests or invitees will abide by any Declarations, Rules or By-Laws that the Condominium Corporation currently has in force, or may at some point in the future have in force during the term of occupancy of the rental unit. The Tenant(s) further acknowledges that they have read the Declaration, Rules and Bylaws of the Corporation and that failure to comply with same will be deemed to be substantial interference with the Landlord’s lawful right, interest and privilege as set out under the Residential Tenancies Act. The Tenant hereby acknowledges that the rented premises are located within a Condominium building and is therefore subject to the provisions of the Condominium Act and the Tenant covenants and agrees with the Landlord to be bound by the provisions of the Condominium Act thereto as well as the provisions of the declaration by-laws, management agreement, service agreement and other agreements, rules and regulations of the Condominium Corporation (the “Rules”) and agrees to indemnify and save harmless the Landlord and the Condominium Corporation from all losses, costs and damages the Landlord or the Condominium Corporation may suffer or any occupants of the Condominium may suffer as a result of the Tenant’s failure to comply therewith and further agrees to reimburse the Landlord and/or the Condominium Corporation for any legal costs incurred including those of any solicitor retained on a solicitor and his own client basis, incurred by the Landlord or the Condominium Corporation in seeking to enforce compliance by the Tenant, the members of his household, guests and invitees of the Tenant with such Rules of the Condominium Corporation, Declaration by-laws and Condominium Act. The Landlord shall not be liable to the Tenant or any member of his household, guests or invitees for any damages, losses or costs incurred in the event that the Landlord is unable to perform any of his obligations hereunder or under the Residential Tenancies Act and if the Landlord is unable to do so because of any act or omission to act by the Condominium Corporation, its manager, or any of their agents or contractors. The Tenant hereby agrees to allow the Condominium Corporation, the Landlord or any of its authorized r...
Condominiums. Each condominium project shall be reviewed by the Village Board, shall include a condominium plat prepared pursuant to Chapter 703, Wis. Stats., and other applicable statutes, and shall comply with the plat or certified survey map regulations of this Chapter for the land development or subdivision elements of the project, depending upon the number of lots and/or units involved. The Village Attorney shall review each condominium Declaration to ensure compliance with this Code of Ordinances.
Condominiums. If this property is a condominium, Agent will not pay XXX xxxx. Condominium bylaws provided by owner with this contract [ ] Yes [ ] No Assigned Parking Spot # ___________ Condominium Association Contact Information: Name: Address: ________________________________________________________________________ ________________________________________________________________________ Phone: _____________________ Email: __________________________________
Condominiums. For use when Borrower owns all units in a condominium:
Condominiums. If such Property is a condominium unit, none of the Borrowers are “sponsors” or nominees of a “sponsor” under any plan of condominium organization affecting the unit, the ownership and sale of any such condominium unit will not violate any federal, state or local law or regulation regarding condominiums or require registration, qualification or similar action under such law or regulation and such condominium unit is in conformity with all requirement of the Federal National Mortgage Association relating to condominium units.
