Examples of Community Use Areas in a sentence
The provisions of this Declaration shall be construed liberally to effectuate its purpose of creating a residential subdivision of fee simple ownership of Lots with Community Use Areas governed and controlled by rules, regulations, restrictions, covenants, conditions, reservations and easements administered by an owners' association with each lot owner entitled to and burdened with various rights and obligations.
Declarant does hereby declare that the Covenants, Conditions, Restrictions and Easements contained herein shall run with the Lots and Community Use Areas described herein; they shall be a burden on and a benefit to such Lots and Community Use Areas; they shall be binding on all parties having or acquiring any right, title or interest in the Lots or any part thereof and upon the Owners Association described herein; and they shall inure to the benefit of each Owner and to the Owners Association.
The first sentence of Section 2 is hereby modified to read as follows: During the period 1994 through 1997, the management of the Community Use Areas will be conducted by the Declarant as the asset manager for the Owners Association.
The Owners Association shall be responsible for enforcing this Declaration, and the Bylaws and rules promulgated thereunder, and for the maintenance, management, improvement, repair and replacement of the Subdivision's roads, utilities, signs, trails, recreation areas and facilities, and the other improvements and amenities within the Community Use Areas.
The Board of Directors shall keep separate accounts for the items relating to the management and maintenance of the Association and Community Use Areas, and those relating to capital improvements.
The Owners Association shall purchase and maintain, when available at a reasonable cost, hazard insurance against loss or damage by fire and similar perils for all improvements and fixtures owned by the Owners Association located on Community Use Areas, including personal property of the Owners Association.
The budget shall project all expenses for the Owners Association and the Community Use Areas, including a reasonable allowance for contingencies.