Association Expenses means expenses incurred by a common interest association for:

Association Expenses means and include the actual and estimated expenses of operating the Association, both for general and Parcel purposes, including any reasonable reserve, all as may be found to be necessary and appropriate by the Board pursuant to the Declaration, the By-Laws, and the Articles of Incorporation.

Association Expenses means expenditures made by or on behalf of the Association for professional services rendered by accountants, attorneys, consultants and any manager engaged by the Association who performs any services other than those required to be performed by Innisfree under this Agreement;

Examples of Association Expenses in a sentence

Surplus funds left over at the end of any year must be used at the discretion of the Board to pay Association Expenses in the next year and/or be transferred into the Capital Reserve Fund(s) and/or the Operational Reserve Fund(s).
If for any reason the Association does not have enough money to pay all Association Expenses on a current basis, the Property Manager must prepare a revised Budget.
The Association, the Board, and the Property Manager act as agent for the Owners, and do not have any personal liability for Association Expenses or Personal Charges.
All funds received must be used only to pay Association Expenses.

More Definitions of Association Expenses

Association Expenses includes all costs of owning, operating and administering the Association. It also includes all charges imposed on the Property. It does not matter who is billed for them. For example, even if the Association or the Property Manager is billed, the charge is still an Association Expense and is to be shared among all Owners. Association Expenses include:

Association Expenses is defined in Section 6.02(a);

Association Expenses means all expenses incurred by the Association in connection with the management and administration of the Community. By way of illustration and not as a limitation, the Association Expenses shall include:

Association Expenses means and include the actual and estimated expenses of operating the Association and the Property Owners Association (hereinafter defined), including any reasonable reserve, all as may be found to be necessary and appropriate by the Board and by the Property Owners Association, where appropriate, pursuant to the Homeowners Documents (hereinafter defined).

Association Expenses means Association Operating Expenses and Association Capital Expenses.

Association Expenses means the Owner’s pro rata share of the expenses necessary to implement this Declaration, including, but not limited to, the costs to maintain and repair and/or reconstruct the