Annual Assessments definition

Annual Assessments means and refer to the Annual General Assessment and the Services Assessment levied by the Association in each of its fiscal years pursuant to Article IV of this Declaration.

Annual Assessments means any amount that each owner of property within Royal Oaks Subdivision is required to pay and that are, or may be, secured by a continuing lien upon the Property against which the Dues are assessed.

Annual Assessments means those Assessments designated as such in this Declaration and computed and levied as provided in Section 8.5.

Examples of Annual Assessments in a sentence

• Visits to Perform the Initial Comprehensive Assessment and Annual Assessments The distinction made between the delegation of physician visits and tasks in a skilled nursing facility (SNF) and in a nursing facility (NF) is based on the Medicare Statute.

• The cost of insurance premiums and other incidental expenses incurred by the Association in administering and carrying out any of the provisions of this Section shall be assessed against and collected from Members as part of the Annual Assessments.

• Such payments shall not be considered advance payments of Annual Assessments.

• The Annual Assessments shall be paid in accordance with the procedures set forth in the Rules.

• The provisions of section 4.7 of the Master Declaration with respect to approval of Annual Assessments and Special Assessments shall not apply in the case of Remedial Assessments.

More Definitions of Annual Assessments

Annual Assessments means and refer to the assessment described in Article V.

Annual Assessments means the annual assessments levied by the Board pursuant to this Declaration.

Annual Assessments means and refer to those fees or charges levied by the Association upon the Owners of lots for the purpose of adequately meeting Common Expenses.

Annual Assessments shall also include interest on such assessments and charges at the maximum rate per annum permitted by law from the due date thereof until paid in full, and all costs and fees of collecting any such Annual Assessments, including without limitation attorneys' and paralegals' fees, both prior to and on appeal and in bankruptcy proceedings.

Annual Assessments means the Assessments levied pursuant to Section 6.2.

Annual Assessments means and refer to the Annual General Assessment and any Services Assessment which may be levied by the Association in each of its fiscal years pursuant to Article IV of this Declaration.

Annual Assessments means those assessments or other charges which are levied or assessed by the Association (as hereinafter defined) on an annual basis against each Owner (as hereinafter defined) of a Building Site (as hereinafter defined) and against each Building Site and the Improvements (as hereinafter defined) situated thereon and which shall be payable to the Association, at the election of the Association, in annual, quarterly or monthly installments. The Annual Assessments shall be the personal liability and obligation of the Owner of the Building Site affected thereby and a lien and encumbrance upon such Building Site and all Improvements situated thereon. The term “Annual Assessments” shall also include interest on such assessments and charges at the maximum rate per annum permitted by law from the due date thereof until paid in full, and all costs and fees of collecting any such Annual Assessments, including without limitation attorneys’ and paralegals’ fees, both prior to and on appeal and in bankruptcy proceedings.