Condominiums definition

Condominiums or "townhouses" means residential properties or parcels which contain more than two (2) residential dwelling units which are individually owned and are billed separately for property taxes.

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Condominiums. If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development), or stock in a cooperative housing corporation, such condominium, cooperative or planned unit development project meets the eligibility requirements of F▇▇▇▇▇ M▇▇.

Condominiums means real property with individual ownership of the occupied area plus a fractional ownership of the common elements.

Examples of Condominiums in a sentence

• To the extent Diamond Resorts Entities have entered into written agreements with Resort Condominiums International, LLC, Interval International, Inc.

• Borrower shall provide Lender with evidence that the Vacation Club is affiliated with Resort Condominiums International, LLC, which affiliation encompasses the Timeshare Projects.

• It is the purpose of this resale price restriction and the selection of the above designated Price Adjustment Index to allow the initial and subsequent Owners of the Condominiums in the Project to maintain relative parity as to changes in the value of their Condominiums with housing of similar type in geographically and demographically similar residential real estate markets and yet to retain resale prices, if possible, in a range of affordability for members of the Pepperdine University community.

• For Condominiums the expense for this service will be the responsibility of the Company.

• In order to achieve the intended purpose of the Project as stated in Section 1(a) of this Article XIII, the Condominiums are intended to be owned and occupied as primary residences by qualified persons, except as set forth below.

More Definitions of Condominiums

Condominiums. Each Condominium Association regulates the number of parking passes issued to rental guests for each size property within the building(s). Based on the Association regulations, you will receive one or two parking passes with your reservation. Note: We cannot guarantee available parking space during peak occupancy weekends and refunds or rate adjustments will not be issued due to lack of available parking. • HOUSES: Parking passes are not required, however occupancy over the limit stated for the property is carefully monitored as evident by the number of parked cars.

Condominiums means a Developed Residential Parcel with an approved land use for condominiums (more than two attached dwelling units that are owned individually).

Condominiums means real estate, portions of which are designated for separate ownership and the remainder of which is designated for common ownership, as an undivided interest, solely by the owners of those portions.

Condominiums means, collectively, the ▇▇▇▇▇▇▇▇▇ Condo and the York Condo.

Condominiums means the residential condominiums located on the Innisbrook Property. "CONTROL" means (including, with correlative meanings, the terms "Controlling" and "Controlled by"), as applied to any Person, the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of that Person, whether through the ownership of voting securities, by contract or otherwise.

Condominiums means all condominiums owned by the ▇▇▇▇▇▇ Waterfront Partnerships, which condominiums are listed on Schedule 1.1(a) hereto.

Condominiums means the Real Estate submitted to this Declaration (initially as described herein, and later by annexation or expansion) consisting of the separate ownership Units and the remainder which is designated for common ownership solely by the owners of the separate ownership Units.