Period of declarant control definition

Period of declarant control means the time period provided for in section 515B.3-103(c) during which the declarant may appoint and remove officers and directors of the association.
Period of declarant control means the time period provided for in section
Period of declarant control means a length of time expiring seven (7) years after initial recording of this Declaration in Jefferson County, Colorado, provided that the Period of Declarant Control shall terminate no later than either sixty (60) days after conveyance of seventy-five percent (75%) of the Units that May Be Created to Unit Owners other than a Declarant, two (2) years after the last conveyance of a Unit by the Declarant in the ordinary course of business, or two (2) years after any right to add new Units to the Declaration was last exercised.

Examples of Period of declarant control in a sentence

  • Period of declarant control: Delivery of property and documents by declarant; current financial statement (a) Except as provided in the declaration, the bylaws, subsection (b) of this section, or other provisions of this chapter, the executive board may act in all instances on behalf of the association.


More Definitions of Period of declarant control

Period of declarant control means the time period commencing on the date this Declaration is Recorded and ending on the earlier of: (i) ninety (90) days after the conveyance of seventy-five percent (75%) of the Units which may be created to Unit Owners other than the Declarant; or (ii) four (4) years after all Declarants have ceased to offer Units for sale in the ordinary course of business.
Period of declarant control means a length of time expiring twenty (20) years after initial recording of this Declaration in the books and records of the Clerk and Recorder of Mesa County, Colorado; provided, that the Period of Declarant Control shall terminate no later than either sixty (60) days after conveyance of seventy-five percent (75%) of the Lots to Owners other than a Declarant, or two (2) years after the last conveyance of a Lot by the Declarant in the ordinary course of business.
Period of declarant control means that period of time beginning on the date of this Master Declaration and continuing until December 31, 2030, or such earlier date that Declarant, in its sole discretion, terminates such Period of Declarant Control by giving written notice thereof to the Association.
Period of declarant control means the time period commencing on the date this Declaration is recorded with the County Recorder of Yavapai County, Arizona, and ending on the earlier of: (i) ninety (90) days after the conveyance of seventy-five percent (75%) of the Units which may be created to Unit Owners other than the Declarant; (ii) four (4) years after all Declarants have ceased to offer Units for sale in the ordinary course of business; or (iii) the date Declarant records an instrument with the County Recorder of Yavapai County relinquishing its right to appoint and remove officers and members of the Board of Directors of the Association.
Period of declarant control means the period of time beginningwith the date hereof and terminating on the earlier of i) the transfer of ownership of all of the Tracts in the Neighborhood by Declarant to one or more third parties or ii) Declarant’s voluntary termination thereof, which shall be done in Declarant’s sole discretion by providing written notice to all Owners of its election to do so.
Period of declarant control means the period commencing on the date of the Recording of this Declaration and ending on the earlier of: (a) all Lots have been sold by the Declarant; or (b) such earlier date on which the Declarant elects to terminate the Period of Declarant Control by providing written notice to the Association.
Period of declarant control means the period beginning on the date this Declaration is first recorded in the office of the Clerk and Recorder of Lake County, Montana, and ending on the earlier of: