Special Individual Assessment definition

Special Individual Assessment means an assessment levied against an individual Owner by the Board due to acts of and/or circumstances created by that Owner which give rise to a liability for the Association (Ref: CC&Rs Article VI Section 6.5).
Sample 1Sample 2
Special Individual Assessment means an Assessment levied against an Owner and his or her Lot in accordance with Section 4.4, below.
Sample 1
Special Individual Assessment means an Assessment levied against an Owner and his or her Separate Interest in accordance with Section 4.04, below.
Sample 1

Examples of Special Individual Assessment in a sentence

  • Once imposed, a fine or penalty may be collected as a Special Individual Assessment.

  • Upon the establishment of a Special Individual Assessment, the Board shall send written notice of the amount and due date of such Special Individual Assessment to the affected Owner(s) at least thirty (30) days prior to the date such Special Individual Assessment is due.

  • Any fine or penalty levied pursuant to this Section shall be considered a Special Individual Assessment as defined in Section 5.4, below.

  • Provided, however, Declarant shall not be obligated to pay any Special Individual Assessment except with Declarant’s prior written approval.

  • In addition, in the event that the Cooperative incurs any legal fees and/or costs incurred as a result of any act or omission of a member or the member’s invitee, the Cooperative shall be entitled to recover such fees and/or costs from the member as a Special Individual Assessment under Article IX of these Bylaws.

  • With the exception of Non-Member Owners who shall not be obligated to pay Regular or Special Assessments, each Owner shall pay when due each Regular, Special and Special Individual Assessment levied against the Owner and his or her Lot and shall observe, comply with and abide by any and all Association Rules set forth in, or promulgated by the Board pursuant to, any Governing Document for the purpose of protecting the interests of all Owners or protecting the Common Area and Common Facilities.

  • If any payment of a Regular or Special Assessment (installment or lump sum) or any payment of a Special Individual Assessment assessed to any Owner is not actually received by the Association or its designated agent within fifteen (15) days after the same becomes due, such payment shall be delinquent and the amount thereof may, at the Board's election, bear interest at the maximum rate allowed by law beginning thirty (30) days after the due date until the same is paid.

  • In the event any act or omission of any member, any member of the member’s Household, or any of the member’s Tenants, Guests or agents shall in any way cause or be responsible for any increase in the premiums for any insurance purchased or obtained by the Cooperative, the amount of such increase may, in the discretion of the Board, be assessed and charged solely to and against such member as a Special Individual Assessment but without right to impose a lien against the Share.

  • In the event of a default in the payment of any Special Individual Assessment, the Association may declare that Owner's Special Individual Assessment to be in default and pursue the remedies set forth in Section 5.9, below as to such delinquency, subject to Subsection (c) below.

  • As more particularly provided in Section 9.10 of this Declaration, the Association shall levy a Special Individual Assessment for the amount of the loss in insurance proceeds against any Owner who, in violation of this Declaration or other Governing Documents, caused any diminution in the insurance proceeds otherwise payable to the Association due to the Owner's individual casualty insurance.


More Definitions of Special Individual Assessment

Special Individual Assessment means an Assessment levied against an Owner of Record in accordance with Section 4.4 of the Declaration.
Sample 1
Special Individual Assessment means an Assessment made against an Owner and/or his or her Lot in accordance with Section 7.4 hereof.
Sample 1
Special Individual Assessment means and refer to the amount to be levied by the Association for the purposes set forth in Section 5.6.
Sample 1
Special Individual Assessment means the amount levied by the Association for the purposes set forth in Section 5.6.
Sample 1
Special Individual Assessment shall have the meaning set forth in Article V, Section 7 hereof.
Sample 1

Related to Special Individual Assessment

  • Statewide special election means a special election called by the governor or the

  • Data Protection Impact Assessment means an assessment by the Controller of the impact of the envisaged processing on the protection of Personal Data.

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Needs assessment means a study or statistical analysis that examines the need for ground ambulance service within a service area or proposed service area that takes into account the current or proposed service area’s medical, fire, and police services.

  • Special Assessment means an assessment against real property calculated on a benefit or ad valorem basis for curb and gutter, sidewalk, sewer, water, or street paving; a drain; a connection fee or similar charge for a sewer or water system; or the land contract on a parcel of property acquired under the circumstances set forth in section 3(2). Special assessment does not include charges for current service.

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Presidential elector certifying official means the state official or body that is

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • Declared pregnant woman means a woman who has voluntarily informed the licensee or registrant, in writing, of her pregnancy and the estimated date of conception. The declaration remains in effect until the declared pregnant woman withdraws the declaration in writing or is no longer pregnant.

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Environmental Assessment means an assessment of the presence, storage or release of any hazardous or toxic substance, pollutant or contaminant with respect to the collateral securing a Shared-Loss Loan that has been fully or partially charged off.

  • Qualifying country component means a component mined, produced, or manufactured in a qualifying country.

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;

  • conformity assessment means the process demonstrating whether the requirements of this Regulation relating to a device have been fulfilled;