DEFINITIONS AND DESCRIPTIONS Azura
Building Owner’s Committee Regulations
Refers to the luxurious apartment complex located at 339 Tran Hung Dao, An Hai Bac Ward, Son Tra District, Da Nang.
Refers to the operating regulations of the Building Owner’s Committee approved at The Azura’ General Meeting.
Building Owner’s Committee
Apartment Owner(s)
Refers to the Building Owner’s Committee of The Azura established at The Azura’ General Meeting and under the provisions of current laws, consisting of the Apartment Owner(s), representatives of the Developer, and representatives of local authorities.
Refers to any individual(s) who has (have) the legal ownership of one or more apartments of Residential Building/ Block in accordance with the Apartment Sale and Purchase Contract or Long-term Lease Contract. However, the Apartment Owner(s) can only be an (1) individual nominated by all owners of the Apartment(s) via written notice to the Building Owner’s Committee and Management Office if the Apartment(s) is a common property (i) of husband and wife/ two or more individuals; or (ii) of an enterprise or organization. Only Apartment Owner(s) legally registered with the Building Owner’s Committee and Management Office is (are) eligible for attending the The Azura’ General Meeting and nominating or voting on members of the Building Owner’s Committee.
Apartment Refers to a housing unit located within the Development. “The Apartments” indicate all apartments within the Development. Development Refers to the facilities located within The Azura at 339 Tran Hung Dao, An Hai Bac Ward, Son Tra District, Da Nang City.
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Management Office Refers to any professional, legally registered company or organization for the time being appointed by the Developer or Building Owner’s Committee to manage the facilities of the Development via Building Management Contract.
