Communal Property definition

Communal Property means collectively, all private streets, private open spaces and specifically includes any roads, buildings, infrastructure, and facilities which are or will be located on the Land and owned or managed by the Association, from time to time, for the benefit of, inter alia, the Association and its Members and Sub- Members;

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Communal Property means all lawns, buildings, facilities and grounds on the outside of all units and sections of occupants that also includes exclusive use area.

Communal Property means collectively, all Private Roads, Private Open Spaces, and specifically includes any roads, buildings, infrastructure, and facilities which are or will be located on the Parent Property and owned, controlled and managed by the Association, from time to time;

Examples of Communal Property in a sentence

• RPDC is owned by ▇▇▇▇▇▇▇▇▇ Property Developments, Old Mutual Properties, Bethel Property, Qubic and Richmond Park Communal Property Association.

• Registration of the transfer of the Communal Property and/or Common Property will be effected by the attorneys appointed by the Developer.

• This non-interest-bearing deposit shall constitute a security deposit for any damage to the infrastructure of the Estate, Communal Property or Facilities, or Private Property.

• There is a historic servitude letter (since August 2010) in place between Chemwes and Wildebeestpan (Portions 9 and 10) Communal Property Association relating to a servitude in favour of Chemwes over the Remaining Extent of the Farm Wildebeestpan 442 IP for purposes of a road, pipeline and power cables.

• A South African Rand denominated finance lease arrangement with The Widebeestpan (Portion 9 & 10) Communal Property Association securing an amount of ZAR 26 676 191 (Twenty six million six hundred and seventy six thousand one hundred and ninety one ) as at 31 March 2015.

More Definitions of Communal Property

Communal Property means collectively, Private

Communal Property means collective reference to the Private Open

Communal Property means collectively, all Private Roads, Private

Communal Property means land held by a number of persons as communal property whether as owners, lessees or otherwise, whether in the name of trustees or as a corporation, or otherwise.

Communal Property means collective reference to Private Access

Communal Property means land owned in terms of the Communal Property Associations Act 28 of 1996;

Communal Property means property acquired during the relationship or the net increase in the value during the relationship of earlier acquired property. There would have to be a valuation done of such earlier acquired property both at the commencement of the relationship and at the cessation of the relationship to identify the net increase in value of the property.