Master Developer definition

Master Developer means a developer cooperating with a
Master Developer means the United Development Company (UDC). " المطور الرئيسي" يعني الشركة المتحدة للتنمية
Master Developer means a person who is designated in the master declaration as a master developer or, in the absence of such a designation, the owner or owners of the real estate subject to the master declaration at the time the master declaration is recorded, except (i) secured parties and (ii) a spouse holding only an inchoate interest. A master developer is not a declarant unless the master declaration states that the real estate subject to the master declaration collectively is or collectively will be a separate common interest community.

Examples of Master Developer in a sentence

  • The Master Community is governed by the Master Community Declaration which is issued by the Master Developer from time to time.

  • The Purchaser hereby waives any right to (existing or which may exist in the future) any objection, requisition, claim for compensation against the Master Developer or the Seller on the basis of the unavailability of the Master Community Facilities, the lack of development of certain plots and any ongoing construction works in the Master Community.

  • The Master Community is further described in the Master Community Declaration issued from time to time by the Master Developer.

  • The Master Developer shall delegate its responsibilities for the collection of the Master Community Service Charges from the Unit Owners to the Building Owners Association whereupon the Purchaser’s share of such the Master Community Service Charges shall be included within the Service Charges.

  • The Master Developer may vary the management and governance structure of the Master Community from that disclosed in the Master Community Declaration in its absolute discretion in accordance with the requirements of the Relevant Authorities and the Purchaser waives the right to any future claim or demand against the Seller in relation to any variation by the Master Developer of the Master Community Declaration.


More Definitions of Master Developer

Master Developer means VP Daybreak Operations LLC and their assigns.
Master Developer means a person who is designated in the master declaration as
Master Developer means VP Daybreak Operations LLC and its affiliates, successors, and/or assigns.
Master Developer means VP Daybreak Operations LLC, VP Daybreak Devco LLC, and/or VP Daybreak Investments LLC, and its affiliates, successors, and/or assigns.
Master Developer means 4S Kelwood General Partnership, a California general partnership or any successor.
Master Developer means FOCIL or FOCIL’s successor as “Owner” under (and as defined in) the South OPA, provided that such successor has been approved by the Redevelopment Agency if, and to the extent, required under the South OPA.
Master Developer means a developer cooperating with a political subdivision to plan, develop and implement a STAR bond project plan for a STAR bond district. Subject to the limitations of Section 25 of the Act, the master developer may work with and transfer certain development rights to other developers for the purpose of implementing STAR bond project plans and achieving the purposes of the Act. A master developer for a STAR bond district shall be appointed by a political subdivision in the resolution establishing the STAR bond district, and the master developer must, at the time of appointment, own or have control of, through purchase agreements, option contracts or other means, not less than 50% of the acreage within the STAR bond district and the master developer or its affiliate must have ownership or control on June 1, 2010.