Subassociation definition

Subassociation means an association of a subcondominium.

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Subassociation means any association established for a specific development project within The Four Seasons.

Subassociation means and refer to an owners association, including but not necessarily limited to a homeowners association or condominium unit owners association, created pursuant to a declaration or other appropriate instrument recorded in the Clerk’s Office which subjects a portion of the Property to covenants, conditions and/or restrictions in addition to those set forth in this Declaration and grants rights to such association with respect to such portion of the Property. During the Development Period, any such association shall be created only by Declarant or with its written consent.

Examples of Subassociation in a sentence

Except for a written assignment of a portion of this Agreement to another property owner’s association within the Development (a “Subassociation”) as to specific Entryway Improvements to be maintained by the Subassociation, the Association may not assign, sublet or transfer its interest in this Agreement without the prior notice and written consent of the City.
In the event of any permitted assignment, whether to a Subassociation or following the City’s consent, the Association must deliver a copy of a written assignment, signed by the Association and the assignee, to the City, which must specifically identify the rights and obligations assigned and assumed, as well as the date of the assignment, and the name, address and contact information for the assignee.
Subject to the provisions of this Declaration and other provisions of law, the boundaries between adjoining Units may only be relocated by an amendment to this Declaration upon the affected Unit Owners’ application to the Board of the Subassociation in which they are Members.
When a Residential Unit owned by the Declarant is sold, the Declarant may apply funds collected at closing from the purchaser to reimburse itself for funds paid to the Master Association or Residential Subassociation for such contribution with respect to that Unit.
Any Assessments levied by a Subassociation shall be made solely upon its own Members and be allocated in the same manner had such levy been made by the Master Association.

More Definitions of Subassociation

Subassociation means any Colorado corporation and its successors and assigns, organized and established or authorized pursuant to, or in connection with, one or more Supplemental Declarations, the membership of which is composed of Owners of Units within the area covered by the Supplemental Declaration.

Subassociation means a Colorado corporation, other than the Association, hereafter organized and established and whose members are Owners of Lots within all or a portion of the Property covered by this Declaration from time to time.

Subassociation means and refer to THE KEN-CARYL RANCH

Subassociation means any (i) condominium unit owners’ association created pursuant to Chapter 4.2 of Title 55 of the Code of Virginia (1950), as amended; (ii) proprietary lessees’ association created pursuant to Chapter 24 of Title 55 of the Code of Virginia (1950), as amended; or (iii) property owners’ association created pursuant to Chapter 26 of Title 55 of the Code of Virginia (1950), as amended, subject to this Declaration and governing some but less than all of the Property pursuant to covenants recorded among the Land Records.

Subassociation means any association established for a specific development project within Riverside Estates.

Subassociation means a not-for-profit association or corporation which has been established pursuant to Section 5.14.

Subassociation means any owners association, condominium unit owners association or cooperative association subject to this Declaration and governing some but less than all of the Property pursuant to covenants recorded among the Land Records.