Common Property definition

Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.

Common Property. , in relation to a scheme, means-

Common Property means the land included in the Scheme, such parts of the Building which are not included in the Section and land referred to in section 26 of the STA and section 5(1)(d) of the STSMA;

Examples of Common Property in a sentence

• The Body Corporate wishes to provide for the control and management of the Complex and the maintenance, caretaking and repair of the Common Property.

• Except as hereinafter provided in Article IX, Section 10 of this Declaration or as expressly reserved herein for Declarant's benefit, all of the Property shall be improved as and used, occupied and enjoyed solely and exclusively for single family residential dwelling purposes, or for Common Property and no other uses or purposes whatsoever.

• In accordance with the Act and the applicable Regulation Module, the Body Corporate authorises the Caretaker to have the exclusive use and occupation of that part of the Common Property identified on the plan or plans attached to this Agreement for all purposes necessary to enable the Caretaker to carry out the Caretaking Duties and perform its obligations under this Agreement.

More Definitions of Common Property

Common Property means those parts of the Building specified by Us from time to time for use by occupants of the Building in common with Us and its respective employees, invitee, licencees and any other persons authorised by Us and which are not otherwise leased or licensed to any person.

Common Property means property owned by the body corporate forming part of the strata title development.

Common Property means those portions of the Property and such parts of the buildings which do not form part of any Section in the Scheme and constitute common property in terms of the Act;

Common Property. , subject to subsection (9), means —

Common Property means any real property or interest in real property within a planned

Common Property means any real property or interest in real property within a planned community which is owned, held or leased by the homeowners association or owned as tenants in common by the lot owners, or designated in the declaration or the plat for transfer to the association.

Common Property means that portion of the Development that does not form a part of the Building or a Section, which portion will be designated as such on the Sectional Plan;