Common use of Exempt Property Clause in Contracts

Exempt Property. The following property shall be exempt from payment of Base Assessments, Neighborhood Assessments, Special Assessments, and Benefited Assessments: (a) All Common Area; (a) All property dedicated to and accepted by any governmental authority or public utility, including without limitation public schools, public streets, and public parks, if any; and Property owned by any Neighborhood Association for the common use and enjoyment of its members, or owned by the members of a Neighborhood Association as tenants-in-common.

Appears in 1 contract

Sources: Declaration of Covenants, Conditions, and Restrictions

Exempt Property. The following property shall be exempt from payment of Base Assessments, Neighborhood Assessments, Special Assessments, and Benefited Assessments: (a) All Common Area; (ab) All property dedicated to and accepted by any governmental authority or public utility, including without limitation public schools, public streets, and public parks, if any; and and (c) Property owned by any an Neighborhood Association for the common use and enjoyment of its members, or owned by the members of a Neighborhood Association as tenants-in-common.

Appears in 1 contract

Sources: Declaration of Covenants, Conditions, and Restrictions

Exempt Property. The following property shall be exempt from payment of Base Assessments, Neighborhood Specific Assessments, Special Assessments, and Benefited Neighborhood Assessments:. (a) All all Common Area;Area and such portions of the property owned by Declarant as are included in the Area of Common Responsibility, and (ab) All any property dedicated to and accepted by any governmental authority or public utility, including without limitation public schools, public streets, and public parks, if any; and Property owned by any Neighborhood Association for the common use and enjoyment of its members, or owned by the members of a Neighborhood Association as tenants-in-common.and

Appears in 1 contract

Sources: Declaration of Covenants, Conditions, and Restrictions