Property Charges definition

Property Charges means all taxes, fees, assessments, water, sewer and municipal charges (general or special) and all insurance premiums, leasehold payments or ground rents.
Property Charges. All taxes, fees, assessments, water, sewer and municipal charges (general or special) and all insurance premiums, leasehold payments or ground rents.
Property Charges. As defined in Section 4.02(i).

Examples of Property Charges in a sentence

  • The Special Servicer assumes full responsibility for the timely payment of all such Property Charges and shall effect timely payment of all such charges irrespective of each Mortgagor’s faithful performance in the payment of same or the making of the Escrow Payments.

  • Property Charges Set Aside Amount: At closing, the amount that a borrower sets aside to cover property charges such as taxes, insurance, ground rents, and homeowner’s association fees.

  • Areas Low-to-moderate income senior Reverse Mortgage borrowers who have suffered a hardship that has resulted in the inability to repay the amounts advanced on their behalf by their mortgage loan servicer for the payment of Property Charges.

  • The new Eligible Non-borrowing Spouse indicator, Annual Interest Rate Change Cap, Maximum Interest Rate, Lifetime Interest Rate Change Cap, and Remaining Property Charges Set Aside fields and the new Payment Option value were implemented and Issuers began reporting these values effective April 1, 2015.

  • Remaining Property Charges Set Aside: The remaining amount in the set aside established at closing to cover property charges such as taxes, insurance, ground rents, and homeowner’s association fees.


More Definitions of Property Charges

Property Charges. As defined in Section 3.2(a)(vi).
Property Charges means taxes, hazard insurance premiums, flood insurance premiums, ground rents, condominium fees, planned unit development fees, homeowner’s association fees, and any other assessments that may be required by local or state law.
Property Charges means any and all real estate, property and other taxes, assessments and special assessments, levies, fees, all water and sewer rents and charges and all other governmental charges imposed upon or assessed against, and all claims (including, without limitation, claims for landlords’, carriers’, mechanics’, workmens’, repairmens’, laborers’, materialmens’, suppliers’ and warehousemens’ Liens and other claims arising by operation of law), judgments or demands against, all or any portion of the Mortgaged Property or other amounts of any nature which, if unpaid, might result in or permit the creation of, a Lien on the Mortgaged Property or which might result in foreclosure of all or any portion of the Mortgaged Property.
Property Charges. Collectively, Impositions, Utility Charges, CAM Expenses, Property Document CAM Expenses, all rents, additional rent and other charges, Landlord’s Insurance Costs and Operating Expenses, and all other costs, fees and charges under all Encumbrances.
Property Charges all taxes, fees, governmental assessments, water, sewer and municipal charges (general or special) and all insurance premiums, leasehold payments or ground rents.
Property Charges means all Impositions other than Excluded Charges and any income, gross receipts, franchise or similar Taxes.
Property Charges means all Charges and any income, gross receipts, franchise or similar Taxes.