Common use of Condominiums/Planned Unit Developments Clause in Contracts

Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of FNMA and FHLMC;

Appears in 20 contracts

Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Mortgage Pass-Through Certificates, Series 2005-2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. 2005-7), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc)

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Condominiums/Planned Unit Developments. If the Residential Dwelling dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis minimus planned unit development) such condominium or planned unit development project meets the Fxxxxx Mae and Fxxxxxx Mac eligibility requirements of FNMA and FHLMC;requirements.

Appears in 9 contracts

Samples: Assignment, Assumption and Recognition Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-10), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6)

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Condominiums/Planned Unit Developments. If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) , such condominium or planned unit development project meets the eligibility requirements of is acceptable to FNMA and or FHLMC or is located in a condominium or planned unit development project which has received project approval from FNMA or FHLMC;

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Franklin Finance Corp), Mortgage Loan Purchase and Warranties Agreement (D&n Capital Corp)

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