Meaning of terms used. In this part, condominium law is a condominium, strata or similar law. A unit is land that is a unit governed by a condominium law, or that is a part that you have a right to occupy, or from which you have the right to income, of real estate held by or for more than one person or by a corporation. A complex is the land governed by the condominium law of which real estate is a part, or of which a unit is a part. Documents are documents by which the complex or part of it is governed, for example, a declaration, bylaw, resolution, regulation, rule or agreement. The entity is a person, partnership, trust, association, syndicate or other body holding or managing the complex. Common expenses are the expenses, contributions to reserves or other payments that the condominium law or the documents require you to pay. Where the condominium law or the documents impose an obligation on or give a right to an owner of your interest in the real estate but do not treat you as the owner of the interest, or impose obligations of an owner on us, you will for the purpose of the mortgage be treated as the owner under the condominium law or documents. Where under the terms in this section a thing is to be substantial, it is so where it is in fact so or the condominium law treats it as so.
Meaning of terms used. We refer in this section to the property leased by you under the lease as the leased property. We refer to your interest in the leased property as your leasehold interest.
Meaning of terms used. HEREIN For purposes of this Agreement, unless the context hereof otherwise requires, all terms used herein which are defined in the Management Agreement shall have the respective meanings ascribed thereto in the Management Agreement. 2. AMENDMENT TO PARAGRAPH 2 OF THE MANAGEMENT AGREEMENT Paragraph 2 of the Management Agreement is hereby amended by adding the following after the words"...,
Meaning of terms used. The persons who sign the tenancy agreement.
