This form of declaration provides notice that the unit owner pools, unitizes, and combines the Unit Leases, including all renewals, extensions, ratifications, and amendments of the Unit Leases and the lands covered by those Leases and the mineral and/or royalty estates in the lands subject to the Leases into a unit for the exploration, development, and production of oil, gas, and associated hydrocarbons (the Unit ).
The Phoenix Arizona Declaration of Pooled Unit — Long Form is a legal document used in the real estate industry to establish a pooled unit. A pooled unit refers to multiple properties or condominium units that are combined into a single entity for governance and management purposes. This document details the terms and conditions for the creation, operation, and maintenance of the pooled unit. It outlines the rights and obligations of the unit owners and governs their relationship with the homeowners' association or any other governing body. Keywords: Phoenix Arizona, Declaration of Pooled Unit — Long Form, real estate, pooled unit, properties, condominium units, governance, management, terms and conditions, creation, operation, maintenance, rights, obligations, unit owners, homeowners' association, governing body. Different types of Phoenix Arizona Declaration of Pooled Unit — Long Form may include variations based on specific property types or purposes. Some examples could be: 1. Residential Pooled Unit Declaration — Long Form: This type of declaration is used for residential properties, such as apartment complexes or gated communities, where multiple individual units are combined into a single entity. 2. Commercial Pooled Unit Declaration — Long Form: This type of declaration is used for commercial properties, such as office buildings or shopping centers, where multiple units or spaces are pooled together for management and governance purposes. 3. Mixed-Use Pooled Unit Declaration — Long Form: This type of declaration is used for properties that combine both residential and commercial units within the same development. It establishes the guidelines for the management and operation of the mixed-use property. 4. Vacation Rental Pooled Unit Declaration — Long Form: This type of declaration is specifically tailored for properties that are used for vacation rentals. It addresses the unique considerations and regulations for managing and operating vacation rental units within the pooled unit. Each type of declaration may have its own specific provisions and requirements depending on the nature and purpose of the pooled unit.The Phoenix Arizona Declaration of Pooled Unit — Long Form is a legal document used in the real estate industry to establish a pooled unit. A pooled unit refers to multiple properties or condominium units that are combined into a single entity for governance and management purposes. This document details the terms and conditions for the creation, operation, and maintenance of the pooled unit. It outlines the rights and obligations of the unit owners and governs their relationship with the homeowners' association or any other governing body. Keywords: Phoenix Arizona, Declaration of Pooled Unit — Long Form, real estate, pooled unit, properties, condominium units, governance, management, terms and conditions, creation, operation, maintenance, rights, obligations, unit owners, homeowners' association, governing body. Different types of Phoenix Arizona Declaration of Pooled Unit — Long Form may include variations based on specific property types or purposes. Some examples could be: 1. Residential Pooled Unit Declaration — Long Form: This type of declaration is used for residential properties, such as apartment complexes or gated communities, where multiple individual units are combined into a single entity. 2. Commercial Pooled Unit Declaration — Long Form: This type of declaration is used for commercial properties, such as office buildings or shopping centers, where multiple units or spaces are pooled together for management and governance purposes. 3. Mixed-Use Pooled Unit Declaration — Long Form: This type of declaration is used for properties that combine both residential and commercial units within the same development. It establishes the guidelines for the management and operation of the mixed-use property. 4. Vacation Rental Pooled Unit Declaration — Long Form: This type of declaration is specifically tailored for properties that are used for vacation rentals. It addresses the unique considerations and regulations for managing and operating vacation rental units within the pooled unit. Each type of declaration may have its own specific provisions and requirements depending on the nature and purpose of the pooled unit.
