Limited Common Property definition

Limited Common Property means common property designated for the exclusive use of the owners of one or more strata lots.
Limited Common Property means such part of the common property in a parcel that is —
Limited Common Property means those areas reflected as such upon any recorded subdivision plat of The Project and those areas so designated from time to time by the Developer, intended to be devoted to the common use and enjoyment of the owners of specifically designated property.

Examples of Limited Common Property in a sentence

  • Any warranty concerns with Common Property or Limited Common Property should be bought to the attention of your Property Manager.

  • Any further changes to the size of these ground level decks require a 75% vote in favour as this contemplates the conversion of Common Property to Limited Common Property.

  • The Tenant may only construct an Expansion Facility on the Cascades Lands Strata Lots or Common Property (including the Limited Common Property) in accordance with and subject to Section 2.2, if and to the extent permitted to do so under the Strata Property Laws and the Bylaws.

  • Rather, it will be increasingly necessary to tap novel sources of finance on a large scale.

  • All Limited Common Property within the Project shall be exempt from the Assessments and liens created under this Declaration.


More Definitions of Limited Common Property

Limited Common Property means, in relation to a subdivided building or land, such part of the common property in a lot that is—
Limited Common Property has the meaning given to it in the Strata Property Laws. [●NTD: Cascades only.]
Limited Common Property means any property designated for the exclusive use of one of more Strata Lot Owners as described in section 10;
Limited Common Property means such part of the common property in a lot—
Limited Common Property means those areas designated from time to time on plat of survey of the property designated Limited Common Property together with any improvements now or hereafter located thereon, including, but not limited to private streets, drives, parking areas, curbing, gutters, sidewalks, walkways, landscaping, entranceways, fencing, signs., recreational facilities or any other similar facilities intended by the Company to be devoted to the common use, benefit and enjoyment of the Owners of Lots or Dwelling Units within the Limited Common Area as Owners of Lots within ACHASTA, their families, guests, tenants and invitees. In addition, Limited CommonProperty shall mean, without limitation, private streets, drives, parking areas, curbing, gutters, sidewalks and walkways within any Limited Common Area built but not yet conveyed to the Association. In addition, the Company may demonstrate its intent to constitute any other part of ACHASTA as Limited Common Property in a deed or other instrument of conveyance to or other agreement with the Association or by identifying any portion of the property as Limited Common Property on any plat of survey recorded in Lumpkin County, Georgia, or by such other means as clearly reflect the character of any such property to be Limited Common Property. Provided,however, that the interpretation of what is or is not Limited Common Property shall be strictly construed and, except as provided herein no Limited Common Property shall arise by virtue of implication and all Limited Common Property shall be specifically designated as such by the Company. Notwithstanding anything in this Amended and Restated Declaration to the contrary, any road constructed by the Company within a Limited Common Property and associated appurtenances as determined by Company shall automatically be deemed “Common Property” and no further act or evidence of intenton the part of the Company shall be required. Notwithstanding anything in this Amended and Restated Declaration as the same may be further amended or supplemented to the contrary, the Company or the Association, or their successors in interest, shall be entitled at any time, and from time to time, in their sole discretion, without consent by or compensation to the Limited Common Property Owners, or the Association to add, subtract, sell or exchange, revise, redraw, change the boundary lines of, change the use or designation of, or change in any way, without limitation, any Common property or appurtenance th...
Limited Common Property means Common Property designated according to section 74 of the Act for use by one or more Strata Lot(s).
Limited Common Property means Common Property designated for the exclusive use of an Owner;