Homeowner Associations. 45 5.20 Assets Necessary to the Xxxxxxx Business......................................................45 5.21 Accuracy of Information Furnished.............................................................45 TABLE OF CONTENTS (CONTINUED) 5.23 Disclaimer....................................................................................46 5.24 Non-Controlled Xxxxxxx Entities...............................................................46
Homeowner Associations. SECTION 5.20 ....................................................Assets Necessary to the Xxxxxxx Business
Homeowner Associations. (a) WP Disclosure Schedule Section 4.19 contains an accurate and complete list of all homeowner associations (the "WP Homeowner Associations") in which any of the WP Entities has or has had declarant rights.
(b) Except as set forth on WP Disclosure Schedule Section 4.19, to the knowledge of the WP Partners and the WP Entities, (i) all restrictive covenants and other documents used by any of the WP Entities in connection with the creation and operation of the WP Homeowner Associations (A) in which any of the WP Entities previously had declarant rights complied in all material respects with applicable laws at the time the same were promulgated, and (B) in which any of the WP Entities currently has declarant rights currently comply in all material respects with applicable laws, and (ii) all material disclosures and deliveries of information and documents required by applicable laws as to such WP Homeowner Associations and their creation and operation have been materially complied with.
(c) To the knowledge of the WP Partners and the WP Entities, WP Disclosure Schedule Section 4.19 contains an accurate and complete list of all amounts in excess of $2,000,000 owing between the WP Homeowners Associations and any of the WP Entities.
(d) To the knowledge of the WP Partners and the WP Entities, no other claims exist by a WP Homeowner Association against any of the WP Entities, and to the knowledge of the WP Partners and the WP Entities, each WP Homeowner Association has been operated, so long as any of the WP Entities has participated therein, in accordance with applicable laws.
Homeowner Associations. (a) Xxxxxxx Disclosure Schedule Section 5.19 contains an accurate and complete list of all homeowner associations (the "Xxxxxxx Homeowner Associations") in which any of the Xxxxxxx Entities has or has had declarant rights.
(b) Except as set forth on Xxxxxxx Disclosure Schedule Section 5.19, to the knowledge of the Xxxxxxx Entities, (i) all restrictive covenants and other documents used by any of the Xxxxxxx Entities in connection with the creation and operation of the Xxxxxxx Homeowner Associations (A) in which any of the Xxxxxxx Entities previously had declarant rights complied in all material respects with applicable laws at the time the same were promulgated, and (B) in which any of the Xxxxxxx Entities currently has declarant rights currently comply in all material respects with applicable laws, and (ii) all material disclosures and deliveries of information and documents required by applicable laws as to such Xxxxxxx Homeowner Associations and their creation and operation have been materially complied with.
(c) To the knowledge of the Xxxxxxx Entities, Xxxxxxx Disclosure Schedule Section 5.19 contains an accurate and complete list of all amounts in excess of $2,000,000 owing between the Xxxxxxx Homeowners Associations and any of the Xxxxxxx Entities.
(d) To the knowledge of the Xxxxxxx Entities, no other claims exist by a Xxxxxxx Homeowner Association against any of the Xxxxxxx Entities, and to the knowledge of the Xxxxxxx Entities, each Xxxxxxx Homeowner Association has been operated, so long as any of the Xxxxxxx Entities has participated therein, in accordance with applicable laws.
Homeowner Associations. For Properties belonging to a homeowner’s association, a small monthly fee will be charged. Manager will work with the association for tenant communication, violations, etc.
Homeowner Associations. (a) Schedule 7.39 shall set forth a list of all homeowner associations (the "Homeowner Associations") in which the Company has or has had declarant rights.
(b) Except as to be set forth on Schedule 7.39, to Sellers' Knowledge, (i) all restrictive covenants and other documents used by the Company in connection with the creation and operation of the Homeowner Associations (A) in which the Company previously had declarant rights complied in all material respects with Applicable Laws at the time the same were promulgated, and (B) in which the Company currently has declarant rights currently comply in all material respects with Applicable Laws, and (ii) all material disclosures and deliveries of information and documents required by Applicable Laws as to such Homeowner Associations and their creation and operation have been materially complied with.
(c) To Sellers' Knowledge, Schedule 7.39 shall set forth all amounts owing between the Homeowners Associations and the Company.
(d) To the Sellers' Knowledge, no other Claims exist by a Homeowner Association against the Company or any Affiliate of Company, and to the Knowledge of Sellers, each Homeowner Association has been operated, so long as the Company has participated therein, in accordance with Applicable Laws.
Homeowner Associations. (a) The Property may be located in a community that may maintain amenities such as a clubhouse, golf, pool, tennis, exercise facility, laundry, or similar amenities or provide some utility services to the Property. With respect to such homeowner’s associations and/or amenities, Manager makes no representations as to: (1) whether any association exists; (2) whether the owner is a member and is current with any applicable dues; (3) whether such amenities are available to a Non-Owner Tenant, including a tenant. Manager encourages Tenant to fully investigate the availability of such amenities, and to determine whether such amenities would be available to a person in a tenancy situation, the cost thereof, and any and all other factors which might be important to Tenant in selecting this Property.
Homeowner Associations. There are no assessments or dues owed to any Home Owners Association related to any of the Real Property, and all such dues and assessments will be current as of the Closing Date.
Homeowner Associations. Sellers will resign from, and retain no membership on, any board of a Homeowner Association and will, to the extent possible, assign any such memberships to Purchaser.
Homeowner Associations. Tenant acknowledges that they have examined and accept all HOA documents
