Regular Assessment definition

Regular Assessment means the recurring periodic Assessment for each Owner's share of the Common Expense.

Regular Assessment means an assessment, a charge, a fee, or dues that each owner of property within a residential subdivision is required to pay to the property owners' association on a regular basis and that is designated for use by the property owners' association for the benefit of the residential subdivision as provided by the restrictions.

Regular Assessment means an assessment, charge, fee, or dues that each owner of property within a subdivision is required to pay to the property owners’ association on a regular basis and that are to be used by the association for the benefit of the subdivision in accordance with the original, extended, added, or modified restrictions.

Examples of Regular Assessment in a sentence

• Regular Assessment filing dates are: (1) July 2 through September 15 for all property located in the county provided the county assessor sent a notice of assessed value by August 1 to all assessees with real property on the local roll; or (2) July 2 through November 30 for all property located in the county if the county assessor did not send notices of assessed values.

• Filing deadlines may be viewed at www.boe.ca.gov/proptaxes/pdf/filingperiods.pdf.Check the Regular Assessment box for:• Decline in value appeals (value as of January 1 of current year).• Change in ownership and new construction appeals when the 60 day filing period for a supplemental assessment appeal has been missed, provided the following January 1 after change of ownership or new construction has passed.

• If before the expiration of any fiscal year the Association fails to fix Regular Assessments for the next fiscal year, the Regular Assessment established for the preceding year shall continue until a new Regular Assessment is fixed.

• The Board shall fix the amount of the Regular Assessment against each Parcel at least thirty (30) days in advance of each Regular Assessment period.

• The Board shall provide notice to the Owners of any increase in Regular Assessments or the levy of any Special Assessments within fifteen (15) days after the adoption of a resolution establishing the increased Regular Assessment or levying the Special Assessment.

More Definitions of Regular Assessment

Regular Assessment means a Tenant’s share of the Common Expenses, allocated by Lot, for each regular period of the Association’s fiscal year as reflected in the budget adopted by the Board of Directors for such year.

Regular Assessment means the assessment made under 7[sub-section (3) or sub-section (5) of section 16];]

Regular Assessment means and refer to a charge against each Lot representing that portion of the Common Expenses attributable to such Lot, including all fees, charges, late charges, attorney fees, fines and interest arising from failure to pay when due the principal amount of such assessment.

Regular Assessment means the recurring periodic Assessment for each

Regular Assessment means the regular assessment applicable to the Co- owners as provided in Paragraph 13 of this Declaration and in the Bylaws.

Regular Assessment means those Assessments based on the adopted budget of the Foundation and payable quarterly in advance on the first day of each January, April, July, and October of each year, as further described in Section 9.3 and elsewhere in the Founding Documents.

Regular Assessment. Annual assessments levied to fund Common Expenses for the general benefit of all Lots, as determined in accordance with Section 8.1.