Common Expenses definition

Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.
Common Expenses shall include the proportionate share of common expenses briefly described and without limitation in Schedule [F] herein to be paid borne and contributed by the Allottee for rendition of common services;
Common Expenses means and include all expenses for the maintenance, management and upkeep of the Buildings, the Common Area/Portions, and the Premises and also the expenses for Common Purposes of the Unit Owners and shall be payable proportionately by the Purchaser periodically as part of maintenance charges.

Examples of Common Expenses in a sentence

  • Any such assignment, subletting or other transfer, whether approved by Land Owner or not, shall not relieve Tenant of Tenant’s obligations under this Agreement, including liability for all Annual Rent or obligations with respect to compliance with the terms and conditions of the Declaration including without limitation timely payment of any assessment of Common Expenses (as defined therein), whether by regular or special assessment.

  • Notwithstanding anything to the contrary contained elsewhere in this Agreement it is made clear that although the Mechanical Car Parking System is not part of the Common Areas, all expenses regarding the same shall form part of the Common Expenses and the Allottee is hereby expressly agreeing to pay the proportionate costs for the same irrespective of whether the Allottee has facility of parking thereat.


More Definitions of Common Expenses

Common Expenses means expenditures made by or financial
Common Expenses means expenditures made or liabilities incurred by or on behalf of the Association, together with any allocations to reserves.
Common Expenses means and includes:
Common Expenses means expenditures made or liabilities incurred by or on behalf of the association, together with any allocations to reserves.
Common Expenses means all expenditures lawfully made or incurred by or on behalf of the unit owners' association, together with all funds lawfully assessed for the creation and/or maintenance of reserves pursuant to the provisions of the condominium instruments.
Common Expenses means the proposed or actual expenses affecting the property, including reserves, if any, lawfully assessed by the Board of Managers of the Unit Owner's Association.
Common Expenses means the proposed or actual expenses affecting the property, including reserves, if any, lawfully assessed by the common interest community association.