Regular Monthly Assessment(s) definition
Examples of Regular Monthly Assessment(s) in a sentence
All Regular Monthly Assessments shall continue in effect until the end of the Fiscal Year during which they became effective, and for each Fiscal Year thereafter unless increased or decreased in accordance with and at the time and in the manner provided for by the Declaration.
Regular Monthly Assessments shall be collected on a monthly basis unless the Board directs otherwise; Special Assessments may be collected in one (1) payment or periodically as the Board shall direct.
The Board must comply with the provisions of Sections 5605, 5610 and 5615 of the California Civil Code prior to any increase in Regular Monthly Assessments.
Regular Monthly Assessments must be fixed at a uniform rate for all Lots in the Development.
Regular Monthly Assessments shall be collected on a monthly basis and Individual Assessments shall be paid in full within thirty(30) days from notice thereof.