Exclusive Use Areas definition

Exclusive Use Areas means parts of the common property for the Scheme allocated to the Lot under an exclusive use by-law;
Exclusive Use Areas means that part of the Common Property allocated for the sole and exclusive use of owners or occupiers of Units in the Proposed Development Scheme as defined in section 1 of the Sectional Titles Schemes Management Act, 2011, which, at the option of the Seller, will be allocated to a Unit in the Proposed Development Scheme in terms of Section 27 of the Sectional Titles Act, 1986, alternatively, Section 10(7) and 10(8) of the Sectional Schemes Management Act 8 of 2011.
Exclusive Use Areas means parts of the common property for the Scheme allocated to the Lot under an exclusive use by-law; “Financial Institution” means a Bank, Building Society or Credit Union;

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.


More Definitions of Exclusive Use Areas

Exclusive Use Areas. Those portions of the Common Area within a Parcel for the exclusive use of one or more Occupants and either (i) designated as Exclusive Use Areas on the Site Plan, or (ii) subject to the provisions of Section 8.2, subsequently designated as Exclusive Use Areas from time to time by the Board or the Committee in writing.
Exclusive Use Areas means the rights to the exclusive use area and enjoyment of Exclusive Use Areas in the scheme referred to in paragraph 2 of the Schedule and further identified in the attached Plans;
Exclusive Use Areas means the right and privilege to the exclusive use and occupation in respect of any parking bays, garden, store room or staff quarters assigned to the unit, in terms of the amended Management Rules of the Scheme and as depicted on the sketch plan to be attached to the said Management Rules.
Exclusive Use Areas means that/those portion(s) of the Common Property allocated to and for the exclusive use of the Purchaser as owner of the Section hereby sold in terms of Section 27 of the Sectional Titles Act or sections 10(7) and
Exclusive Use Areas. The “Exclusive Use Areas” shall mean the areas denoted on Exhibit A-4 as “Exclusive Use Areas.”
Exclusive Use Areas means the proposed exclusive use areas which will, upon registration of the sectional plan, consist of an exclusive use area to be described and numbered as a basement parking as indicated in paragraph 2.2 and, if applicable, 2.3 of the schedule and , if applicable, an open parking bay as indicated in paragraph 2.4 of the schedule and the approximate measurement of which exclusive use areas will on completion be as indicated in paragraphs 2.2, 2.3 and 2.4 of the schedule, which exclusive use areas will be constructed on the land substantially in accordance with the draft sectional plan and which exclusive use areas will as such be part of the common property, for the exclusive use by the owner or owners of one or more sections and to be ceded to the said owner/s in terms of a Notarial Deed of Cession in terms of section 27 (1) of the Act;
Exclusive Use Areas means the exclusive use areas which may include garden and/or patio or such other areas as may be more fully described in the Site Development plan and the Information Schedule, which upon the opening of the notarial execution and registration of the notarial deed into the name of the Purchaser will become exclusive use areas for the purposes of the Sectional Titles Scheme Act, and forming part of the property, which area will be for the benefit and exclusive use of the owner of the Sectional Title unit to which it was allocated.