Common use of Membership in Association Clause in Contracts

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

AutoNDA by SimpleDocs

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

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.