Common Interest Community Disclosure Sample Clauses

Common Interest Community Disclosure. In accordance with Colorado law, Seller hereby makes the following disclosure: THE PROJECT IS PART OF ONE OR MORE COMMON INTEREST COMMUNITIES AND IS SUBJECT TO THE DECLARATION(S) FOR SAID COMMUNITIES. EACH OWNER OF A RESIDENTIAL UNIT IS REQUIRED TO BE A MEMBER OF THE RESIDENCE ASSOCIATION AND THE RESORT ASSOCIATION, WHICH ASSOCIATIONS ARE FURTHER MEMBERS OF THE KNC AND SUBJECT TO THE GOVERNING DOCUMENTS FOR KNC, AND WILL BE SUBJECT TO THE BYLAWS AND RULES AND REGULATIONS OF THE RESIDENCE AND RESORT ASSOCIATIONS. THE RESIDENCE AND RESORT DECLARATIONS, RESIDENCE AND RESORT BYLAWS AND RESIDENCE AND RESORT RULES AND REGULATIONS IMPOSE FINANCIAL OBLIGATIONS UPON OWNERS OF THE RESIDENTIAL UNITS, INCLUDING AN OBLIGATION TO PAY ASSESSMENTS OF THE RESIDENCE AND RESORT ASSOCIATIONS. IF AN OWNER DOES NOT PAY THESE ASSESSMENTS, THE RESIDENCE ASSOCIATION AND RESORT ASSOCIATION COULD PLACE A LIEN ON THE RESIDENCE OWNED BY SUCH OWNER AND POSSIBLY SELL IT TO PAY THE DEBT. THE DECLARATIONS, BYLAWS, AND RULES AND REGULATIONS OF THE RESORT COMMUNITY PROHIBIT THE OWNER FROM MAKING CERTAIN CHANGES TO A RESIDENCE WITHOUT THE APPROVAL OF THE RESORT AND/OR RESIDENCE ASSOCIATION. A PURCHASER OF A RESIDENCE SHOULD INVESTIGATE THE FINANCIAL OBLIGATIONS OF MEMBERS OF THE RESIDENCE ASSOCIATION, AND SHOULD CAREFULLY READ THE RESIDENCE AND RESORT DECLARATIONS, THE RESIDENCE AND RESORT BYLAWS AND THE RESIDENCE AND RESORT RULES AND REGULATIONS.
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Common Interest Community Disclosure. THE PROPERTY IS LOCATED WITHIN A COMMON INTEREST 239 COMMUNITY AND IS SUBJECT TO THE DECLARATION FOR SUCH COMMUNITY. THE OWNER OF THE PROPERTY WILL BE 240 REQUIRED TO BE A MEMBER OF THE OWNER’S ASSOCIATION FOR THE COMMUNITY AND WILL BE SUBJECT TO THE 241 BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION. THE DECLARATION, BYLAWS, AND RULES AND 242 REGULATIONS WILL IMPOSE FINANCIAL OBLIGATIONS UPON THE OWNER OF THE PROPERTY, INCLUDING AN OBLIGATION 243 TO PAY ASSESSMENTS OF THE ASSOCIATION. IF THE OWNER DOES NOT PAY THESE ASSESSMENTS, THE ASSOCIATION 000 XXXXX XXXXX A LIEN ON THE PROPERTY AND POSSIBLY SELL IT TO PAY THE DEBT. THE DECLARATION, BYLAWS, AND 245 RULES AND REGULATIONS OF THE COMMUNITY MAY PROHIBIT THE OWNER FROM MAKING CHANGES TO THE PROPERTY 246 WITHOUT AN ARCHITECTURAL REVIEW BY THE ASSOCIATION (OR A COMMITTEE OF THE ASSOCIATION) AND THE 247 APPROVAL OF THE ASSOCIATION. PURCHASERS OF PROPERTY WITHIN THE COMMON INTEREST COMMUNITY SHOULD 248 INVESTIGATE THE FINANCIAL OBLIGATIONS OF MEMBERS OF THE ASSOCIATION. PURCHASERS SHOULD CAREFULLY READ 249 THE DECLARATION FOR THE COMMUNITY AND THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION. 🞏
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Common Interest Community Disclosure. The following provisions and contingencies are hereby made a part of a certain Rental Agreement referred hereunder: Lessor: Lessee:_______________________________________________________________________________________________________ Property Address:_________________________________________________________ Agreement Date:_________________________ The above property is a unit within a condominium or other planned unit community and subject to Section 47a-3e of the Connecticut General Statutes (as amended). Any notices required under this Addendum, including notice voiding this Real Estate Rental Agreement shall be in writing. __________________________________________________ __________________________________________________ Lessor’s Signature Date Lessee’s Signature Date __________________________________________________ __________________________________________________ Lessor’s Signature Date Lessee’s Signature Date
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Common Interest Community Disclosure. THE PROPERTY IS LOCATED WITHIN A COMMON INTEREST COMMUNITY AND IS SUBJECT TO THE DECLARATION FOR THE COMMUNITY. THE OWNER OF THE PROPERTY WILL BE REQUIRED TO BE A MEMBER OF THE OWNERS’ ASSOCIATION FOR THE COMMUNITY AND WILL BE SUBJECT TO THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION. THE DECLARATION, BYLAWS, AND RULES AND REGULATIONS WILL IMPOSE FINANCIAL OBLIGATIONS UPON THE OWNER OF THE PROPERTY, INCLUDING AN OBLIGATION TO PAY ASSESSMENTS OF THE ASSOCIATION. IF THE OWNER DOES NOT PAY THESE ASSESSMENTS, THE ASSOCIATION COULD PLACE A LIEN ON THE PROPERTY AND POSSIBLY SELL IT TO PAY THE DEBT. THE DECLARATION, BYLAWS, AND RULES AND REGULATIONS OF THE COMMUNITY MAY PROHIBIT THE OWNER FROM MAKING CHANGES TO THE PROPERTY WITHOUT AN ARCHITECTURAL REVIEW BY THE ASSOCIATION (OR A COMMITTEE OF THE ASSOCIATION) AND THE APPROVAL OF THE ASSOCIATION. PURCHASERS OF PROPERTY WITHIN THE COMMON INTEREST COMMUNITY SHOULD INVESTIGATE THE 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 FINANCIAL OBLIGATIONS OF MEMBERS OF THE ASSOCIATION. PURCHASERS SHOULD CAREFULLY READ THE DECLARATION FOR THE COMMUNITY AND THE BYLAWS AND RULES AND REGULATIONS OF THE ASSOCIATION.
Sample 1
Common Interest Community Disclosure. Seller represents that the Property [select one]: □ is OR X is not located within a development which is subject to the Virginia Resale Disclosure Act (Sections 55.1-2307 et. seq. of the Code of Virginia) (the “Act”). Under the Act, a common interest community means a property subject to a property owners' association pursuant to the Property Owners' Association Act (§55.1-1800 et seq.), or a condominium created pursuant to the Virginia Condominium Act (§55.1-1900 et seq.) or a cooperative created pursuant to the Virginia Real Estate Cooperative Act (§55.1-2100 et seq.).
Sample 1
Common Interest Community Disclosure. 36 The Property ❑ is or ❑ is not located in a Common-Interest Community (CIC). 37 If so, complete the following: 38 SELLER shall provide, at SELLER’s expense, the (CIC) documents (“Resale Package”) as required by NRS 39 116.4109. SELLER shall order the Resale Package within five (5) days of Acceptance and deliver it to BUYER upon 40 receipt. 41 CIC Association transfer fees paid by ❑ BUYER ❑ SELLER ❑ split equally ❑ other 42 CIC Association set up fees paid by ❑ BUYER ❑ SELLER ❑ split equally ❑ other 43 CIC Capital Contribution fees paid by ❑ BUYER ❑ SELLER ❑ split equally ❑ other 44 Other CIC Association fees related to the transfer of the (CIC) shall be paid by ❑ BUYER ❑ SELLER ❑ split 45 equally ❑ other 46 The amount of any delinquent assessments, including penalties, attorney’s fees, and other charges provided for in the 47 management documents shall be paid current by SELLER at XXX.
Sample 1

Related to Common Interest Community Disclosure

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