Examples of Common Area Improvements in a sentence
In the event of damage to or destruction of any part of the Common Area Improvements, the Association shall repair or replace the same from the insurance proceeds available.
All Common Area Improvements, including buildings and any additions or extensions thereto; all fixtures, machinery and equipment permanently affixed to the building; windows; fences; monuments; lighting fixtures situated outside the Units; exterior signs; and personal property owned or maintained by the Mutual; but excluding land; excavations; and other items typically excluded from property insurance coverage.
The Common Area Improvements Director shall oversee and coordinate all approved improvement projects for common areas.
The Leasehold Improvements, the Building Shell Improvements and the Common Area Improvements are sometimes referred to collectively herein as the "Improvements".
If economically feasible, prior to each annual review the Board shall obtain a current appraisal of the full replacement value of Common Area Improvements (except for foundations and footings) without deduction for depreciation.