Condominium Development definition

Condominium Development means a condominium property in which two or more individual residential or water slip units, together with their undivided interests in the common elements of the property, are offered for sale pursuant to a common promotional plan.

Condominium Development means a real estate development: (i) formed pursuant to the condominium statutes of the State and a recorded declaration and other constituent documents; (ii) the unit owners of which have title to a unit in a development, and may have the right to the exclusive use of certain limited common areas; and (iii) the common areas of which are administered and maintained by, but not owned by, an owners association, which may levy assessments against each unit estate.

Condominium Development means those areas within South Bay currently contemplated and subsequently designated for development of multifamily residential condo- miniums.

Examples of Condominium Development in a sentence

• Prior to the Pre-Development Phase Outside Date, the Developer and the Authority shall have agreed upon the form and substance of the Condominium Documents, including a Condominium Purchase Agreement, wherein the Authority agrees to acquire the Parking Units and the Public Units from the Developer for the Parking Units Purchase Price and the Public Units Purchase Price, respectively, established and set forth in the Condominium Development Budget.

• The Parties may adjust the layout and similar matters pertaining to the Project and the details of the various components of the Project once the Supplemental Parcels have been determined and during the course of preparing the Condominium Development Plan and the Entertainment Venue Development Plan; however, any material deviation from the Preliminary Master Plan is subject to approval by the Authority as further provided under Section 5.2.1(a)(viii).

• The Developer (at its sole cost and expense) will construct the Developer Improvements in accordance with the approved Condominium Development Plan.

• Unless otherwise approved by the Authority in writing, the Condominium Improvements shall be constructed in accordance with the Condominium Development Plan approved by the Parties in the Pre-Development Phase.

• Purchaser has previously been provided a copy of the Condominium Development Disclosure Statement for the Condominium, copies of the Declaration and Drawings for the Condominium and the Bylaws and Articles of Incorporation of the Condominium Association (collectively, the “Condominium Documents”).

More Definitions of Condominium Development

Condominium Development or “Condominium” means a real estate development:

Condominium Development means a condominium property in which two or more individual residential or water slip units, together with their undivided interests in the common elements of the property, are offered for sale pursuant to a common promotional plan. (Definition is essentially the same as in existing R.C. 5311.01(S).)

Condominium Development or “Condominium” means a real estate development: (i) formed pursuant to the condominium statutes of the State and a recorded declaration and other constituent documents; (ii) the unit owners of which have title to a unit in a development, and may have the right to the exclusive use of certain limited common areas; and (iii) the common areas of which are administered and maintained by, but not owned by, an owners association, which may levy assessments against each unit estate.

Condominium Development means a horizontal property regime established under the laws of the State of Arizona which is limited by the Tract Declaration therefore to residential use.

Condominium Development means the development of residential condominium units for the purpose of resale.

Condominium Development means the Chateau Foret Phase II Condominium Development and the land upon which it is located, and includes, whether leasehold or in fee simple, the Building(s), all improvements and structures thereon, all easements, rights and appurtenances belonging thereto, and all articles of personal property intended for use in connection therewith; as defined by the Plat and this Declaration and including the Units, the

Condominium Development means those areas within South Bay currently contemplated and subsequently designated for development of multifamily residential condominiums.