Development Lot definition

Development Lot means any lot or a combination of lots developed in accordance with the provisions of these rules;
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Development Lot means the Development Lot shown on the Plan of Community Division after Deposit of the Plan of Primary Community Division.
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Development Lot means a lot in a strata plan or strata plan of subdivision that is identified by a strata development contract as a lot that is to be the subject of a strata plan of subdivision under the development scheme for the contract."development scheme" means the scheme of development provided for, and represented by, a strata development contract."financial statements" means the financial statements prepared by an owners corporation in accordance with Division 3 of Part 5."floor" includes a stairway or ramp."freehold strata scheme" has the same meaning as it has in the Strata Schemes Development Act 2015."function" includes a power, authority or duty, and "exercise" a function includes perform a duty."initial maintenance schedule" means the schedule prepared by the original owner under section 115."initial period" of an owners corporation of a strata scheme means the period:
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Examples of Development Lot in a sentence

  • The lots comprising a Development Lot need not be in the same ownership.

  • Buildings may also be erected in the Wellesley Park Overlay District across Development Lot lines.

  • Transferring unused or excess TDR units enables the Preservation Lot to sell “excess” TDR units as an extra financial incentive towards the preservation of that structure and allows a structure on a Development Lot to be built that exceeds the basic floor area ratio.

  • GENERAL INFORMATIONTransferable Development Rights are units of gross floor area that may be transferred from a Transfer Lot to a Development Lot (per the provisions of Section 128 of the Planning Code).

  • Fees and Incentives 7.1 The ITVFC will not pay any fee whatsoever to the CP or share the expenses incurred by the CP in entering or performing its obligations under the MA, such as carrying out due diligence and preparation of transaction documents for itself and the ITVFC, but the ITVFC will provide the following upside incentives.


More Definitions of Development Lot

Development Lot means a lot that is owned by a developer or builder that does not have a completed residence. Status as a Development Lot shall terminate at the earlier of (i) sale by the developer/builder or (ii) six months after issuance of a certificate of occupancy for the residence on the on the Development Lot. Whenever the term “Lot” appears in this Declaration, it shall include a Development Lot, unless expressly provided otherwise.
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Development Lot means a lot in a strata plan or strata plan of subdivision that is identified by a strata development contract as a lot that is to be the subject of a strata plan of subdivision under the development scheme for the contract.
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Development Lot has the meaning given in Section 1.1 of the Master Development Agreement.
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Development Lot means a lot that is owned by a developer or builder that does not have a completed residence. Status as a Development Lot shall terminate at the earlier of (i) sale by the developer/builder or
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Development Lot means a single tract of land which (at the time of filing for a building permit) is designated by its owner or developer as a tract to be used, developed or built upon as a unit, under single ownership or control. It may or may not coincide with a lot of record.
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Development Lot means a Residential Lot that is owned by and being offered for sale by Developer.
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Development Lot means the Development Lots comprising pieces 81 & 82 shown on the Plan of Community Division after Deposit of the Plan of Primary Community Diovision.
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