Separate Interest definition

Separate Interest means a separate interest as defined in the Association’s CC&Rs.
Separate Interest means the exclusive right to occupy a portion of
Separate Interest means a separately owned Unit.

Examples of Separate Interest in a sentence

  • The Separate Interest Trust shall not be an asset of the Trust Fund or any REMIC established hereby.

  • If title to a Separate Interest is held by a legal entity that is not a natural person, the governing authority of that legal entity shall have the power to appoint a natural person to be a Member for the purpose of candidacy or serving on the Board.

  • In the event more than one ballot is cast for a particular Separate Interest, only the first ballot received will be opened and counted.

  • The Corridor Residual Owner will own the residual interest in the Separate Interest Trust.

  • Persons holding a fee simple interest in a Separate Interest merely as security for the performance of an obligation are not eligible to either be a candidate for or to serve on the Board.


More Definitions of Separate Interest

Separate Interest means a Home and the Space on which the Home is located (Civil Code Section 4184(a)(4)).
Separate Interest has the same meaning as in section 4185 of the Civil
Separate Interest means a separate interest as defined in California Civil Code Section 41851351(l), as amended or renumbered.
Separate Interest means and refers to a unit in a Condominium Project and/or a Lot in a planned development within Natomas Park.
Separate Interest means a separately owned unit, as specified in Section 4125.
Separate Interest means a separately owned lot, parcel, area, or space.
Separate Interest means the following: