exhibit b providence master homeowners association design review ...
exhibit b providence master homeowners association design review ...
exhibit b providence master homeowners association design review ...
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Glossary of Commonly Used Terms (continued):<br />
Management — The person or persons appointed by the Board, and delegated with the authority to<br />
implement certain duties, powers or functions of the Association as provided by the CC&R's and<br />
Bylaws.<br />
Master Plan — The <strong>master</strong> land use plan for the Community as approved by Clark County, Nevada,<br />
and as may be amended from time to time.<br />
Member — Every Owner is a Member of the Association, with all the benefits, privileges, and<br />
responsibilities defined in the Governing Documents.<br />
Neighborhood — Any residential area within the Association, <strong>design</strong>ated by the Declarant, which<br />
may share benefit from Common Elements specific only to that Neighborhood and may also share<br />
expenses through assessments for the cost of maintenance of such primary or exclusive use<br />
areas.<br />
Owners — One or more persons, which may include the Declarant or a Participating Builder, who<br />
hold the record title to any Lot, but excluding in all cases any party holding an interest merely as<br />
security for the performance of an obligation (such as a bank holding a security interest in a Lot<br />
related to a mortgage on the Lot).<br />
Participating Builder (or Builder) — Any entity who purchases one or more parcels of land within the<br />
Community for further subdivision into Lots, development, and/or resale in the ordinary course of<br />
business.<br />
Residents — Any person who is physically residing in a Dwelling within the Community.<br />
Resolution — Written and adopted decision of the Board of Directors regarding the business<br />
operations or governance of the Association. The Board adopts the Resolution at a duly noticed<br />
meeting and copies of the adopted Resolution are then mailed to all Owners.<br />
Rules and Regulations — See "Community Standards".<br />
Sub-Association — A Neighborhood within the Community subject to secondary governing<br />
documents which control governance of private streets and Common Elements and is also subject<br />
to the Association and it's Governing Documents. Owners in Sub-Associations are subject to two<br />
sets of legal documents and pay two assessments.<br />
Tenants — One or more persons residing in a Dwelling within the Community by means of a lease<br />
between an Owner and the Tenant.<br />
Unit — See "Lot".<br />
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