Common use of Condominium Association Clause in Contracts

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.

Appears in 3 contracts

Samples: Unit Purchase Agreement (Sotherly Hotels Lp), Condominium Purchase Agreement, Sotherly Hotels Lp

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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, Buyer agrees to accept all of the liabilities and obligations of membershipmembership and rights and responsibilities under the REA and the HCUA accruing after the closing.

Appears in 2 contracts

Samples: Purchase Agreement (Capri Family Foundation), Purchase Agreement (Capri Family Foundation)

Condominium Association. This Agreement is also Buyer’s application for membership in the Condominium Association, which membership shall automatically take effect at closingClosing. At that time, Buyer agrees to accept all of the liabilities and obligations of membership.

Appears in 1 contract

Samples: Condominium Purchase Agreement

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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, Buyer agrees to accept all of the liabilities and obligations of membership.

Appears in 1 contract

Samples: Fourth Amendment (MHI Hospitality CORP)

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