WCRV definition
Examples of WCRV in a sentence
Upon assignment by WCRV of easements and rights reserved to the owner-developer under the Section Declarations to the Association, the Association shall have the unilateral right to exercise, assign and further grant such easements and rights.
For purposes of clarification, Lots owned by WCRV shall be subject to the covenants, conditions and restrictions set forth in the Section Declarations.
Notwithstanding the foregoing, any Lot owned by WCRV shall not be subject to assessments under this Article VI until such time as the Lot is sold or conveyed to a third-party or three years of the recording of this Declaration, whichever occurs first.
Notwithstanding Section 1 and Section 2 of this Article V, WCRV assigns all of its rights, title and interest in, to and under the Section Declarations to the Association, together with all rights, privileges and benefits appertaining thereto, as set forth more clearly in Instrument # recorded among the land records of Franklin, County, Virginia.
Owner" is the record owner of fee simple title to any Lot, including WCRV, contract sellers and any owner of a Lot that has acquired title by foreclosure or similar proceedings, but excluding any party having an interest in the Lot solely as security for the performance of an obligation.