Separate Interest definition

Separate Interest means a separate interest as defined in the Association’s CC&Rs.
Separate Interest means the exclusive right to occupy a portion of
Separate Interest means a separately owned Unit.

Examples of Separate Interest in a sentence

  • The Separate Interest Trust shall not be an asset of the Trust Fund or any REMIC established hereby.

  • The Corridor Residual Owner will own the residual interest in the Separate Interest Trust.

  • The Reserve Fund shall be an asset of the Separate Interest Trust.

  • The Corridor Contract and the Reserve Fund will also be assets of the Separate Interest Trust.

  • The segregated pool of assets consisting of the Trust Fund but excluding the Retained Yield, the Middle REMIC Interests, the Lower REMIC Interests, the RL Interest, the RM Interest, the RU Interest and the Separate Interest Trust.


More Definitions of Separate Interest

Separate Interest has the same meaning as in section 4185 of the Civil
Separate Interest means a Home and the Space on which the Home is located (Civil Code Section 4184(a)(4)).
Separate Interest means a separate interest as defined in California Civil Code Section 41851351(l), as amended or renumbered.
Separate Interest means a separately owned Unit at the Property. “Special Assessments” shall mean Assessments levied by the Associationagainst each Owner to supplement budgeted Regular Assessments for any fiscal yearbecause the amount to be collected from Regular Assessments for that fiscal year will, for any reason, be inadequate to defray the Association’s common expenses.
Separate Interest means a Condominium Unit or a residential Lot. In the Residence Club each Lot, rather than each “ownership interest” as defined in the Residence Club governing documents, shall be a Separate Interest for purposes of voting rights and the obligation to pay Assessments.
Separate Interest means the following:
Separate Interest means the separate lot, unit, or interest to which an owner has 869 exclusive rights of ownership.