Neighborhood Assessments definition

Neighborhood Assessments means assessments levied against the Units in one or more particular Neighborhoods to fund Neighborhood Expenses, as more particularly described in this Declaration.

Neighborhood Assessments means assessments levied against the Lots and Dwelling Units in a particular Neighborhood or Neighborhoods to fund Neighborhood Expenses, as more particularly described in Sections 1 and 3 of Article X of these Amended and Restated Covenants.

Neighborhood Assessments means assessments levied against the Units in a particular Neighborhood or Neighborhoods to fund Neighborhood Expenses, as described in Article VII, Section 4.

Examples of Neighborhood Assessments in a sentence

• If the Board determines that Regular Assessments or Neighborhood Assessments for the then current year are or will become inadequate to meet Common Expenses for any reason, it shall determine the estimated amount of such inadequacy and levy a Special Assessment against each Lot and Owner responsible for such Assessment.

• Regular Assessments and Neighborhood Assessments shall commence as to all Lots on the first day of the month following the conveyance of the first Lot by Declarant to any Owner other than an affiliate of Declarant.

• Regular Assessments and Neighborhood Assessments as to Lots brought under the Declaration pursuant to Section 2.02 shall commence on the first day of the month following the conveyance of the first Lot therein by Declarant to any Owner other than an affiliate of Declarant.

• There shall be three (3) types of assessments: (a) Common Assessments to fund Common Expenses for the benefit of all Members of the Association; (b) Neighborhood Assessments for Neighborhood Expenses benefiting only Units within one (1) or more particular Neighborhoods; and (c) Special Assessments as described below.

• Each Owner, by acceptance of a deed to his or her Unit, acknowledges that all Common Assessments and Neighborhood Assessments levied hereunder are annual assessments due and payable in advance on the first day of the fiscal year; however the Board may permit any assessment to be paid in installments.

More Definitions of Neighborhood Assessments

Neighborhood Assessments. Assessments levied against the Lots in a particular Neighborhood or Neighborhoods to fund Neighborhood Expenses, as more particularly described in Sections 10.1 and 10.4.

Neighborhood Assessments means assessments levied against the Lots in a particular Neighborhood to fund Neighborhood Common Expenses.

Neighborhood Assessments means assessments levied in accordance with Section 9.7 below.

Neighborhood Assessments means assessments levied against Lots in a particular Neighborhood to fund Neighborhood expenses, as described in Article V herein.

Neighborhood Assessments means the amounts assessed against each Lot subject to Assessments in a particular Neighborhood or Neighborhoods, representing the Lot’s share of the Neighborhood Expenses as determined in accordance with Sections 11.2 and 11.5.

Neighborhood Assessments means assessments levied against the Lots in a particular Neighborhood or Neighborhoods to fund Neighborhood Expenses, as more particularly described in Article XI, Section 1 or this Declaration.

Neighborhood Assessments means assessments levied against the Lots in a particular Neighborhood or Neighborhoods as more particularly described in Article V, Sections 2 and 4 of this Declaration.