Condo Act definition

Condo Act means the Condominium Act, 1998.
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Condo Act means the Texas Uniform Condominium Act, which is codified at Chapter 82 of the Texas Property Code.
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Condo Act means the Condominium Act, 1998, S.O. 1998, c. 19 and any amendments and regulations, or any replacement legislation and the regulations to the Condo Act.
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Examples of Condo Act in a sentence

  • The Purchaser specifically acknowledges and agrees that any increase in any such utility costs from that which was originally represented in the Budget Statement shall not be the responsibility of the Vendor, despite section 75 of the Condo Act.

  • Florida Condo Act deems developers to grant to each purchaser an implied warranty of fitness and merchantability for the purposes or uses intended – in general (this is a simplification) these last for 3 years from completion (potentially up to 5 years for the roof).

  • The Purchaser acknowledges that the Vendor is required to issue to the Purchaser a T-5 interest income return in accordance with the provisions of the Income Tax Act (Canada), as amended from time to time, in respect of any interest accrued to, or earned by, the Purchaser under the terms and provisions of this Purchase Agreement and/or the Condo Act.

  • The meaning of words and phrases used in this Purchase Agreement shall have the meanings given to them in the Condo Act, and the Condominium Documents unless otherwise provided for herein.

  • IS a resale of a Condo Unit which currently has monthly fees of approximately $ ____ and is subject to the Condo Act and the Condominium Addendum is attached to and shall become part of this Agreement.

  • That portion of the Occupancy Fee equivalent to the interest component contemplated under the Condo Act shall be ultimately determined at Closing and shall be calculated on a monthly basis on the unpaid balance of the Purchase Price at the prescribed rate; however the Vendor reserves the right to charge the same interest rate on the Firm Occupancy Date of all Units in the Condominium and to readjust to the prescribed rate for each such Unit on the Closing Date.

  • The Vendor shall pay or credit Interest to the Purchaser on the Deposit on the Firm Occupancy Date, or the Closing Date, as determined by the Vendor in its sole and unfettered discretion and in accordance with the Condo Act.

  • The Purchaser is encouraged to have this Purchase Agreement reviewed by the Purchaser’s Solicitors prior to signing same or prior to the end of the rescission period provided by the Condo Act.

  • Under section 73 (2) of the Condo Act, buyers have a 10-day cooling off period in which they may rescind their agreement of purchase and sale.

  • The Vendor’s Solicitors shall provide the Purchaser with evidence of compliance with Section 81 of the Condo Act, in the prescribed form.