Washington Supplemental Declaration of Pooled Unit

State:
Multi-State
Control #:
US-OG-370
Format:
Word; 
Rich Text
Instant download

Description

This declaration is used when a unit operator desires to supplement and amend a Declaration of Pooled Unit to include in the unit the oil, gas and mineral leases described in Exhibit A to this Supplement, covering lands within the confines of the Unit Area.

The Washington Supplemental Declaration of Pooled Unit is a legal document that outlines the terms and conditions for the creation and management of a pooled unit in Washington state. This declaration is typically used in real estate transactions, specifically in the context of condominium developments or housing cooperatives. A pooled unit refers to an individual unit within a larger development that shares common areas and facilities with other units. By pooling their resources, unit owners can collectively manage and maintain shared amenities such as parking lots, grounds, swimming pools, and recreational facilities. The Washington Supplemental Declaration of Pooled Unit establishes the rights and obligations of unit owners, as well as the rules and regulations governing the use and maintenance of common areas. Keywords: 1. Washington: This keyword signifies that the content relates specifically to the laws and regulations in the state of Washington, ensuring that the information provided is relevant and accurate within this jurisdiction. 2. Supplemental Declaration: Indicates that this document supplements an existing declaration, which is typically the master declaration or governing document of the condominium or housing cooperative association. 3. Pooled Unit: This keyword highlights the central concept of the document, emphasizing the shared nature of the unit and the pooling of resources among owners. 4. Terms and Conditions: Indicates the legal obligations, rights, and limitations that unit owners must adhere to as outlined in the declaration. 5. Real Estate Transactions: This keyword clarifies the context in which the declaration is typically used, helping readers understand the connection to property and homeownership. 6. Condominium and Housing Cooperative: Refers to the different types of developments governed by the Washington Supplemental Declaration of Pooled Unit, providing clarity and specificity. 7. Common Areas and Facilities: Highlights the shared amenities and resources that the unit owners collectively manage and maintain. 8. Rules and Regulations: Signifies the guidelines and restrictions imposed on unit owners to ensure the smooth functioning and harmonious coexistence within the pooled unit. 9. Use and Maintenance: Emphasizes the responsibilities of unit owners in maintaining and utilizing the shared resources in a manner that benefits the entire community. While the Washington Supplemental Declaration of Pooled Unit encompasses different types of condominium or housing cooperative developments, there may not be specific named variations under this document. The content provided above should cover the relevant aspects of this legal declaration in the state of Washington.

The Washington Supplemental Declaration of Pooled Unit is a legal document that outlines the terms and conditions for the creation and management of a pooled unit in Washington state. This declaration is typically used in real estate transactions, specifically in the context of condominium developments or housing cooperatives. A pooled unit refers to an individual unit within a larger development that shares common areas and facilities with other units. By pooling their resources, unit owners can collectively manage and maintain shared amenities such as parking lots, grounds, swimming pools, and recreational facilities. The Washington Supplemental Declaration of Pooled Unit establishes the rights and obligations of unit owners, as well as the rules and regulations governing the use and maintenance of common areas. Keywords: 1. Washington: This keyword signifies that the content relates specifically to the laws and regulations in the state of Washington, ensuring that the information provided is relevant and accurate within this jurisdiction. 2. Supplemental Declaration: Indicates that this document supplements an existing declaration, which is typically the master declaration or governing document of the condominium or housing cooperative association. 3. Pooled Unit: This keyword highlights the central concept of the document, emphasizing the shared nature of the unit and the pooling of resources among owners. 4. Terms and Conditions: Indicates the legal obligations, rights, and limitations that unit owners must adhere to as outlined in the declaration. 5. Real Estate Transactions: This keyword clarifies the context in which the declaration is typically used, helping readers understand the connection to property and homeownership. 6. Condominium and Housing Cooperative: Refers to the different types of developments governed by the Washington Supplemental Declaration of Pooled Unit, providing clarity and specificity. 7. Common Areas and Facilities: Highlights the shared amenities and resources that the unit owners collectively manage and maintain. 8. Rules and Regulations: Signifies the guidelines and restrictions imposed on unit owners to ensure the smooth functioning and harmonious coexistence within the pooled unit. 9. Use and Maintenance: Emphasizes the responsibilities of unit owners in maintaining and utilizing the shared resources in a manner that benefits the entire community. While the Washington Supplemental Declaration of Pooled Unit encompasses different types of condominium or housing cooperative developments, there may not be specific named variations under this document. The content provided above should cover the relevant aspects of this legal declaration in the state of Washington.

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Washington Supplemental Declaration of Pooled Unit