Condominium Development definition

Condominium Development means a condominium property in which two or more individual residential or water slip units, together with their undivided interests in the common elements of the property, are offered for sale pursuant to a common promotional plan.

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Condominium Development means a real estate development: (i) formed pursuant to the condominium statutes of the State and a recorded declaration and other constituent documents; (ii) the unit owners of which have title to a unit in a development, and may have the right to the exclusive use of certain limited common areas; and (iii) the common areas of which are administered and maintained by, but not owned by, an owners association, which may levy assessments against each unit estate.

Condominium Development means a real estate development: (i) formed pursuant to the condominium statutes of the State of Texas and a recorded declaration and other constituent documents; (ii) the unit owners of which have title to a unit in a development, and may have the right to the exclusive use of certain limited common areas; and (iii) the common areas of which are administered and maintained by, but not owned by, an owners association, which may levy assessments against each unit estate.

Examples of Condominium Development in a sentence

• Except as provided in the Declaration, under no circumstances shall Purchaser be permitted to change, modify or alter Common Elements of the Condominium Development, including, without limitation, the building shell or common systems for areas which serve the entire Condominium Development, including, but not limited to, the chilled/heated water system, plumbing system and venting system.

• The Developer of a condominium or planned development shall deposit a sum equal to $500 to the Village Clerk at the time of application for approval of a Condominium Development Plan or Planned Development Plan.

• Any areas in the Office Condominium Development that are not leased to Lessee or any other person or entity, and areas that are not included within any Condominium Unit (as defined in the Virginia Code) shall be denoted as “Common Elements”.

• It speaks clearly to the buildings and their boundaries in Condominium Development.

• Unless otherwise approved by the Authority in writing, the Condominium Improvements shall be constructed in accordance with the Condominium Development Plan approved by the Parties in the Pre-Development Phase.

More Definitions of Condominium Development

Condominium Development or “Condominium” means a real estate development:

Condominium Development means those areas within South Bay currently contemplated and subsequently designated for development of multifamily residential condo- miniums.

Condominium Development means a condominium property in which two or more individual residential or water slip units, together with their undivided interests in the common elements of the property, are offered for sale pursuant to a common promotional plan. (Definition is essentially the same as in existing R.C. 5311.01(S).)

Condominium Development means a horizontal property regime established under the laws of the State of Arizona which is limited by the Tract Declaration therefore to residential use.

Condominium Development means the development of residential condominium units for the purpose of resale.

Condominium Development means a condominium property in which two or more individual dwelling units or, two or more individual water slip units, or two or more campground resort units, together with undivided interests in the common areas and facilities of the property, are offered for sale pursuant to a common promotional plan.

Condominium Development means a condominium property in 386