interest in property definition

interest in property means any estate, interest, right or power whatever, whether at law or in equity, in, under or over property;
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interest in property. The "interest in property" to be obtained by Buyer includes a purchase, leasehold, option, exchange agreement or any other procured interest unless restricted at lines 7-9, in additional provisions (lines 146 to 163) or elsewhere in this Agreement.
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interest in property. Interest in Property" means a purchase, leasehold, option, exchange or other acquisition of Property unless specifically excluded at lines 21-30, in additional provisions (lines 286-294) or elsewhere in this Agreement.
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Examples of interest in property in a sentence

  • TRANSFER OF INTEREST IN PROPERTY "Interest in the Property" means any legal or beneficial interest.

  • UNDER UTAH LAW A LESSEE MAY HAVE TO DISCLOSE ANY LIEN HOLDERS WITH AN INTEREST IN PROPERTY THAT IS OR WILL BE STORED IN A STORAGE SPACE.

  • TRANSFER OF INTEREST IN PROPERTY "Interest in the Property" means any legal or beneficial interest .


More Definitions of interest in property

interest in property means any estate, interest, right or power, whether at law or in equity in or over property and includes any £uture interest whether vested contingent in reversion in remainder or by way of spes, possibility or expectancy.
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interest in property means any estate, interest, right or power, whether at law or in equity in or over the property and include any future interest.
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interest in property means a right, claim, title, or legal share in that property. Refers to the bundle of rights which may be transferred or conveyed separately or in total. Methods of transfer include deed, lease, or easement.
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interest in property means an interest in property of any description, including an estate in land and a right over property;
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interest in property means any individual, joint tenancy, or tenancy in common, estate by the entireties, or community property status in any real or personal piece of property, easement, equitable servitude, license, or other form of tangible or intangible property.
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interest in property obviously means his security in- terest without taking account of his right to immediate possession of the collateral on default.” Id. at 372. And Timbers noted that before the current Bankruptcy Code, an “undersecured creditor had no absolute enti- tlement to foreclosure” in a reorganization case. Id. at 380–81.
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Related to interest in property

  • interest in land or “property” means land or improvements, or both, in the reserve and, without limitation, includes any interest in land or improvements, any occupation, possession or use of land or improvements, and any right to occupy, possess or use land or improvements;

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Blighted property means property that meets any of the following criteria:

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Property Value means the aggregate fair value of the properties (land and buildings) held by the Group according to the latest consolidated Financial Report, adjusted for any investments in and depreciations of the properties, respectively, during the period starting on the day falling immediately after the last day of the period covered by the latest consolidated Financial Report and ending on the relevant Record Date.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Undepreciated Real Estate Assets as of any date means the cost (original cost plus capital improvements) of real estate assets of the Company and its Subsidiaries on such date, before depreciation and amortization, determined on a consolidated basis in accordance with GAAP.

  • Related Property means a parcel of real property, together with improvements thereon and personal property related thereto, that is “related” within the meaning of the definition of Significant Obligor, to the Property.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Undeveloped Land means raw land that has not been filled to grade or been permitted for development.

  • REO Property A Mortgaged Property acquired by the Trust Fund through foreclosure or deed-in-lieu of foreclosure in connection with a defaulted Mortgage Loan.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.