Flexible common interest community definition

Flexible common interest community means a common interest community to which additional real estate may be added.
Flexible common interest community means a common interest community to

Related to Flexible common interest community

  • Common interest community means a condominium, cooperative, or other real property with respect to which a person, by virtue of the person's ownership of a parcel of real property, is obligated to pay property taxes or insurance premiums, or for maintenance, or improvement of other real property described in a recorded covenant that creates the common interest community.

  • Leasehold common interest community means a common interest community in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the common interest community or reduce its size.