Common profits definition
Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;
Common profits means the amount by which the total income received from any of the following exceeds expenses allocable to the particular income, rental, fee, or charge:
Common profits means the balance of all income, rents, profits, and revenues from the common elements or other property owned by the association remaining after the deduction of the common expenses.
More Definitions of Common profits
Common profits means the balance of all income, rent, profits and revenues from the common elements remaining after the deduction of the common expenses.
Common profits. , means the balance of all income, rent, profit and revenue from the common area and facilities, remaining after the deduction of the common expenses ;
Common profits. ' means all income collected or accrued by or on behalf of the unit owners' association, other than income derived from assessments pursuant to RSA 356-B:45.
Common profits means the balance of all income, rents,
Common profits means the excess of all receipts of the rents, profits and revenues from the common elements remaining after the deduction of the common expenses.
Common profits means all income collected or accrued by or on behalf of the association other than income derived from assessments pursuant to Code Section 44-3-80.
Common profits means the amount by which the total income received from assessments charged for special benefits to specific units. rents received from rentals of equipment or space in common areas, and any other fee, charge or income than common assessments exceeds expenses allocable to the income rental, fee or charge.