Declarant Rights definition
Examples of Declarant Rights in a sentence
Reference is made to the Declaration of Condominium for those Special Declarant Rights.
The Declaration of Condominium reserves certain Special Declarant Rights to the Developer.
The Assignment of Special Declarant Rights shall also allow Investor to transfer any of the assigned rights to an Allowed Successor or a Development Successor.
At the time of full execution of this Agreement, Hovnanian shall execute, acknowledge and deliver to Investor an Assignment of Special Declarant Rights, substantially in the form attached hereto as Exhibit C, which grants to Investor certain Declarant rights under the Declaration.
The Assignment of Special Declarant Rights shall only convey the assigned rights and powers as detailed in the Declaration and shall not be considered a novation or transfer of any obligations or duties set forth in the Declaration.