COMMON ELEMENTS; PARKING Sample Clauses
The "Common Elements; Parking" clause defines the rights and responsibilities of property owners or residents regarding shared spaces and parking areas within a development or community. It typically outlines which areas are considered common elements—such as hallways, lobbies, recreational facilities, and parking lots—and specifies how these spaces may be used or maintained. For example, the clause may detail assigned parking spots, guest parking rules, or restrictions on vehicle types. Its core function is to ensure orderly use and maintenance of shared property, prevent disputes among residents, and clarify expectations regarding access to and use of communal areas.
COMMON ELEMENTS; PARKING. The Property includes the unit being purchased and an undivided interest in the common elements and an appurtenant limited common elements of the condominium, as specified in the Declaration. Seller’s right and interest in or to the use of the following parking space(s), garage, and other areas are included in the sale of the Property and shall be assigned to Buyer at Closing, subject to the Declaration: Parking Space(s) # Garage # Other:
COMMON ELEMENTS; PARKING. The Property includes the Units being purchased and an undivided interest in the Common Elements and appurtenant Limited Common Elements of the Condominium, as specified in the Declaration. Seller’s right and interest, if any, in or to the use of the parking carports as more particularly set forth in Exhibit “A” are included in the sale of the Property and shall be assigned to Purchaser at Closing in the form required by the Declaration or applicable law.