Membership in Association. Upon conveyance of title to the Property to Purchaser, Purchaser shall automatically become a member of the Association and shall be subject to the assessment obligations and other provisions set forth in the Governing Documents.
Appears in 3 contracts
Samples: Daniel Island Resale Addendum, Daniel Island Resale Addendum, Daniel Island Resale Addendum
Membership in Association. Upon conveyance of title to the Property Unit to Purchaser, Purchaser shall automatically become a member of the Association and shall be subject to the assessment obligations and other provisions set forth in the Governing DocumentsDeclaration, including the obligation of the Purchaser to pay a contribution to the working capital of the Association referred to in Paragraph 8(c) above.
Appears in 1 contract
Samples: Condominium Purchase Agreement