Exclusive Use Areas definition
Examples of Exclusive Use Areas in a sentence
On the Settlement Date, in exchange for the Balance Purchase Price, the Seller must give the Buyer vacant possession of the Lot and Exclusive Use Areas except for the Tenancies.
The Purchaser acknowledges that the Seller / Developer, as part of a green city initiative will be registering Exclusive Use Area/s on the roof/s and installing solar panels to supply electricity to the owners and Body Corporate.
However, because these rights and obligations could be changed by Special Resolution to the detriment of one or other Use, it is desirable in the case of the Regulated Exclusive Use Areas that no such changes take place without due process being followed.
The Association shall maintain, repair, replace, restore, operate, control and manage the Common Areas (excluding Exclusive Use Areas) and all facilities, Improvements and equipment located thereon, as further described in Article 13, except to the extent such maintenance has been assumed by a governmental agency or public or private utility, and except as otherwise set forth herein.
In addition to maintaining the Common Area, if an Owner fails to maintain the Improvements, and other portions of Owner's Parcel so as to violate Section 12.1, then the Association, after approval of the Board, shall have the right, through its agents, contractors and employees, to enter onto the Owner's Parcel to repair, maintain and restore the Parcel, any Exclusive Use Areas, and the exteriors of any building and other Improvements erected thereon.