Master deed definition
Examples of Master deed in a sentence
This ensures that the Master deed restriction will run in perpetuity with the unit.
Attorney Dieck said it was part of the private road maintenance agreement before the Board tonight as well as being stated in their Master deed.
FOR THE FINANCIAL YEAR ENDED 30 JUNE 2022 1 INFORMATION ON THE FUNDManulife ASEAN Equity Fund (“the Fund”) was established pursuant to Master deed dated 9 February 2018, First supplemental Deed dated 12 December 2018, Second Supplemental Master Deed dated 25 September 2019 and subsequent supplemental deeds (hereinatfer referred to as “the Deed”) between Manulife Investment Management(M) Berhad (“the Manager”) and HSBC (Malaysia) Trustee Berhad (“the Trustee”).
Master deed typically calls for the creation of a homeowners’ association (HOA), which manages the common facilities and charges assessments to the unit owners to pay for the upkeep, operating expenses, and taxes associated with the common facilities.Association Subdivision: Consists of stand-alone units which nevertheless enjoy certain facilities in common with other stand-alone units.
Master deed restrictions shall be recorded prior to acceptance of the first subdivision improvements.