Date of Commencement of Annual Assessments. The annual assessments provided for herein shall commence upon the purchase of the Lot and Patio Home by the Owner. No later than 30 days prior to the calendar year, the Board shall fix the amount of the annual assessment and promptly thereafter the Board shall cause written notice thereof to be sent to every Owner subject thereto. In the event the Board shall fail to fix the amount of annual assessment as described above, the assessment fixed for the immediately preceding year shall continue in effect until a new assessment amount is fixed. The due dates shall be established by the Board.
Date of Commencement of Annual Assessments. Due Dates. The annual assessments provided or herein shall commence on the Lots subject to the Declaration on the first day of the month following the conveyance by the Declarant of the first Lot to an Owner, to be applied on a sectional basis. No Lot shall be subject to such assessment until the first day of the month following the conveyance of the first lot in a Section to an Owner. The first annual assessment shall be adjusted according to the number of months remaining in the calendar year.
Date of Commencement of Annual Assessments. Due Dates. Although the Annual Assessment is calculated on a yearly basis for the Annual Assessment Period, each Owner of a Unit will be obligated to pay to the Association or its designated agent such Assessment in advance in monthly, quarterly, semi-annual or annual installments as established by the Board. An installment shall be due and payable on the due date established by the Board, but in the absence of any such specific due date, the installment shall be due and payable in full on or before the last day of the month in which the Assessment is billed. The obligations of Owners regarding the payment of monthly portions of the Annual Assessment provided for in this Article IV will, as to each Unit, commence upon the recording of this Master Deed. The first monthly payment of the Annual Assessment for each such Unit will be an amount equal to the monthly payment for the Annual Assessment Period in progress on such commencement date, divided by the number of days in the month of conveyance, and multiplied by the number of days . then remaining in such month. The Association will, upon demand at any time, furnish any Owner liable for any such Assessment a certificate in writing signed by an Officer of the Association or the property manager of the Association, setting forth whether the same has been paid. A reasonable charge, as determined by the Board, may be made for the issuance of such certificate. Such certificate will be conclusive evidence of payment of any Assessment stated to have been paid as to any person or entity that has relied on the certificate to his or its detriment.
Date of Commencement of Annual Assessments. The annual assessment provided for herein shall commence on the date (which shall be the first day of a month) fixed by the Association to be the date of commencement.
Date of Commencement of Annual Assessments. The annual assessments provided for herein shall commence as to all Lots then existing and subject to assessment under this Declaration on the first day of the month following the conveyance by the first Lot by the Declarant to a Class A Member and shall be due and payable in a manner and on a schedule as the Board of Directors may provide. The first annual assessment shall be adjusted according to the number of months then remaining in that fiscal year. The date upon which the Lot becomes subject to assessment hereunder shall be the date on which the later of the following occurs:
(a) The Lot becomes subject to this Declaration; or
(b) The appropriate official of the applicable governing entity issues a certificate of occupancy or its equivalent stating that the residence located on the applicable Lot is substantially complete and available for occupancy.
