Community association definition

Community association means an association in which membership is a condition of ownership or shareholder interest of a unit in a condominium, cooperative, townhouse, villa, or other residential unit that is part of a residential development plan as a master association or common interest community and that is authorized to impose an assessment and other costs that may become a lien on the unit or lot.
Community association means any incorporated or unincorporated association trust or other entity comprised of the owners of interests in a residential, commercial, or industrial condominium, real estate cooperative, planned unit development or other real estate common interest community.
Community association means a civil association formed by members of a community (associação civil) duly established in the Borrower’s territory in accordance with the Guarantor’s laws, and which meets the criteria set forth in the Operational Manual (as hereinafter defined) for participating in the Project;

Examples of Community association in a sentence

  • Organizations renting the facility may be required at the discretion of the Community Association to obtain and provide to the Community Association a copy of General Liability Event Insurance of not less than Two Million Dollars ($2,000,000) per occurrence and such insurance shall include The City of Red Deer and the Community Association as an additional insured.

  • Renter further acknowledges that neither Sunstate Management, Watercrest Community Association, Inc.

  • Any damages or potential hazards must be reported to the Community Association.


More Definitions of Community association

Community association means an association in which
Community association means a group of persons organized for the advancement of activities of a civic, social, cultural or recreational nature and whose activities are not conducted for monetary profit.
Community association means a condominium association, a
Community association means an unincorporated association or corporation that owns or has under its care, custody, or control real estate subject to a recorded declaration of covenants that obligates a person, by virtue of ownership of specific real estate, to be a member of the unincorporated association or corporation.
Community association means an unincorporated association or corporation that owns or has
Community association means an institution, association, club, society or body, whether incorporated or not, the objects of which are of charitable, benevolent, religious, cultural, educational, recreational, sporting or other like nature and the members of which are not entitled to or permitted to receive any pecuniary profit from the transactions;
Community association means an incorporated association created to enforce restrictions.