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Housing Unit definition

Housing Unit means a single-family attached or detached dwelling (including without limitation a condominium or townhome), including the Lot on which such dwelling is located, for which a building permit has been issued and construction has begun and that is or will be available for sale by the Borrower or any Subsidiary Guarantor. Each “Housing Unit” is a Presold Housing Unit, a Speculative Housing Unit or a Model Housing Unit.
Housing Unit means living accommodations that are intended for occupancy by up to 4 families, with a separate dwelling unit for each family, that may be site constructed or may be a mobile home or other form of manufactured housing, and with respect to which either of the following applies:
Housing Unit is either a Presold Unit, a Spec Unit or a Model Unit.

Examples of Housing Unit in a sentence

  • Loss or damage caused by or consequent upon normal settlement or bedding down of a Housing Unit.

  • Those parts of a multi-ownership building (of which each Housing Unit is part), for a common or general use, for which the Policyholder has joint ownership and/or legal responsibility.

  • As noted on the Initial Certificate and Certificate of Insurance the Underwriter shall not be liable for the first part of any payment made in respect of a valid claim under the Policy for a Housing Unit.

  • If the COP or DTHP certificate holder is found eligible for an Affordable Housing Unit in the building, they shall be placed at the top of the waitlist list, immediately after any other COP and DTHP Certificate Holders already on the waiting list.

  • The Certificate issued by the Site Audit Surveyor to the Underwriter on or following satisfactory completion of each Housing Unit.


More Definitions of Housing Unit

Housing Unit means a house, an apartment or a mobile home, or a group of rooms or a
Housing Unit means a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied as separate living quarters, in which the occupants live and eat separately from any other persons in the building and which have direct access from the outside of the building or through a common hall.
Housing Unit means a single-family dwelling (where construction has commenced), whether detached or attached (including condominiums but excluding mobile homes), including the parcel of land on which such dwelling is located, that is or will be available for sale by the Borrower or a Guarantor. The construction of a Housing Unit shall be deemed to have commenced upon commencement of the trenching for the foundation of the Housing Unit. Each “Housing Unit” is either a Presold Unit, a Spec Unit or a Model Unit.
Housing Unit means a house, an apartment, a mobile home, a
Housing Unit means housing accommodation intended for individual or family use;
Housing Unit means a detention area. This area may be a single occupancy cell, multiple occupancy cell, cellblock, or dormitory.
Housing Unit means one house, or one multi-family rental unit.