Examples of Condominium Corporation in a sentence
From the Closing Date until the time that the first monthly condominium contribution becomes payable by the Purchaser to the Condominium Corporation in accordance with Section 39 of the Act, the Purchaser shall pay a monthly occupancy fee to the Vendor in the amount set forth below (the “Occupancy Fee”), which Occupancy Fee shall be payable in monthly installments on the first day of each calendar month plus a pro-rated amount for the month in which the Closing Date occurs.
This amount is an estimate only, and is subject to change upon finalization of the actual operating budget for the Condominium Corporation.
The Bylaws of the Condominium Corporation will allow for the ground floor units 203 to 208 to be used for both commercial and residential purposes (“Live/Work Units”) and for all units in the Project other Live/Work Units and parking units (“Residential Units”) to be used solely for residential purposes.