Common Interest Development Clause Samples
Common Interest Development. If the Property is in a common interest development or planned community, unless otherwise required by law, Buyer acknowledges that Buyer, at Buyer’s own expense, was and is responsible for obtaining and reviewing (or, to the extent not obtained, Buyer waives any right to review) the declaration of covenants, conditions, restrictions and/or bylaws and other documentation regarding such common interest development or planned community and Buyer acknowledges that Buyer has reviewed such documentation to the fullest extent Buyer deems necessary and, by signing this Agreement, ▇▇▇▇▇ accepts the declaration of covenants, conditions, restrictions and/or bylaws of the common interest development or planned community.
Common Interest Development. Buyer and Seller acknowledge that the Property is located within a “common interest development” as defined in California Civil Code 1351(c), the purchase of the Property by Buyer shall be subject to the terms and provisions of the “Common Interest Addendum” (Addendum C) attached hereto and incorporated herein by reference.
Common Interest Development. A development characterized by individual ownership of a condo- minium housing unit or a residential parcel coupled with the shared ownership of (or right to use) common areas and facilities, including, but not limited to, condominium projects, community apartment projects, stock cooperatives and planned unit developments, which contains three or more dwelling units and which has a Building Sewer Lateral shared by three more dwelling units. NOTICE TO REPAIR. The notice issued by the City Public Works Director to the Owner advising that the Owner appears to be in violation of the Santa ▇▇▇▇▇▇▇ Municipal Code with respect to the Owner’s Building Sewer Lateral, or in violation of the Code in the manner of the Building Sewer Lateral’s connection to the City sewer system, which order directs the abatement of the identified apparent violation in a timely man- ner.
Common Interest Development. If checked, the Property is a unit in a condominium project, planned unit development, or other common interest subdivision with common areas. Seller, at its own expense, obtained and provided Buyer with the homeowner’s association management documents and other information required by Civil Code Section 1368. Buyer understands that the documents were prepared and provided by the homeowner’s association, and Seller makes no warranties as to the accuracy or completeness of the information contained in such documents. Buyer, therefore, agrees to inspect the documents, the homeowner’s association and the common interest development, including, but not limited to, any age restrictions stated in the governing documents, pending regular or special assessments, pending claims or litigation, and the location and number of the Property’s parking and storage spaces.
Common Interest Development. “Common Interest Development” shall mean a common interest development as defined in Civil Code section 4100 or a commercial or industrial common interest development as defined in Civil Code section 6531.
Common Interest Development. If the Property is in a common interest development, unless otherwise required by law, Buyer acknowledges that Buyer was provided for review (or, to the extent not provided, Buyer waives any right to review) the declaration of covenants, conditions, restrictions and/or bylaws and other documentation regarding such common interest development and Buyer acknowledges that Buyer has reviewed such documentation to the fullest extent Buyer deems necessary and, by signing this Agreement, ▇▇▇▇▇ accepts the declaration of covenants, conditions, restrictions and/or bylaws of the common interest community.