Examples of Condominium Parcel in a sentence
Seller, at its expense, will deliver to Purchaser or Purchaser's attorney, at least 10 days prior to the date of closing as set pursuant to Section 3.C. hereof, a title insurance commitment (the "Commitment") issued by a Florida licensed title insurer agreeing to issue to Purchaser, upon recording of the Deed, an owner's policy of title insurance in the amount of the Purchase Price (the "Policy"), insuring Purchaser's title to the Condominium Parcel.
The Association has a lien on each Condominium Parcel to secure the payment of Assessments.
However, as to a first mortgage of record, the lien is effective from and after the date of the recording of a claim of lien in the Public Records of the County, stating the description of the Condominium Parcel, the name of the record Owner and the name and address of the Association.
The claim of lien shall state the description of the Condominium Parcel, the name of the record Owner, the name and address of the Association, the amount due and the due dates.
The one year period shall automatically be extended for any length of time during which the Association is prevented from filing a foreclosure action by an automatic stay resulting from a bankruptcy petition filed by the Unit Owner or any other person claiming an interest in the Condominium Parcel.