Contractable condominium definition

Contractable condominium means a condominium from which one or more portions of the submitted land may be withdrawn in accordance with the provisions of the declaration and of this chapter. If such withdrawal can occur only by the expiration or termination of one or more leases, then the condominium shall not be deemed a contractable condominium within the meaning of this chapter.
Sample 1Sample 2Sample 3
Contractable condominium means a condominium from which one or more portions of the
Sample 1Sample 2Sample 3
Contractable condominium means a condominium from which one or more portions of the submitted land may be withdrawn in accordance with the provisions of the declaration and of this chapter.
Sample 1Sample 2

More Definitions of Contractable condominium

Contractable condominium means a condominium project from which any portion of the submitted land or buildings may be withdrawn in accordance with this act.
Sample 1Sample 2
Contractable condominium means a condominium from which 1 or more portions of the submitted land may be withdrawn in accordance with the provisions of the declaration
Sample 1

Related to Contractable condominium

  • Expandable condominium means a condominium to which additional land may be added in accordance with the provisions of the declaration and of this chapter.

  • Condominium means a common interest community in which portions of the real estate are designated for separate ownership and the remainder of the real estate is designated for common ownership solely by the owners of those portions. A common interest community is not a condominium unless the undivided interests in the common elements are vested in the unit owners.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Underground storage tank or “UST” means any one or combination of tanks (including underground pipes connected thereto) that is used to contain an accumulation of regulated substances, and the volume of which (including the volume of underground pipes connected thereto) is 10 percent or more beneath the surface of the ground. This term does not include any:

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • Condominium Plan means a plan described in Section 4285.

  • Underground storage means storage of gas in a subsurface stratum or formation of the earth.