Market Unit means a unit that is in a housing project and that is not a rent-geared-to-income unit;

Market Unit is an ownership interest in an Invest529 Market Portfolio. The value of a Market Unit in an Invest529 Account is determined each Business Day by its Net Asset Value. See also “Net Asset Value.”

Market Unit means a Non-Market Unit occupied by an Eligible Tenant (Market);

Examples of Market Unit in a sentence

This will confirm that the Canada West Market Unit is defined as Manitoba, Saskatchewan, Alberta and British Columbia.
The Company reserves the right to change or discontinue this practice should the Canada West Market Unit mandate such a change and without any obligation to bargain on this matter with the Union.
Upon a vacancy of a Future Affordable Unit after the Regulatory Period, such Future Affordable Unit will become a Market Unit.
Any mortgage financing secured by the Property or any portion of the Property (except a Market Unit in connection with a permitted conversion to condominium or cooperative ownership and upon transfer of such Market Unit by the Owner) shall be subject and subordinate to this Agreement, so that the affordability requirements of this Agreement will bind a foreclosing lender in the event of a foreclosure.
Notwithstanding the foregoing, during the Regulatory Period, the Owner shall not transfer the Property or any portion of the Property (except a Market Unit in connection with a permitted conversion to condominium or cooperative ownership) to any party if such party is a Prohibited Party.

More Definitions of Market Unit

Market Unit means a dwelling unit authorized to be developed by zoning designation and which is not subject to any buyer or price restrictions. “Project” means the lots or parcels and any development thereon, included and approved in an application by a developer for zoning or building permit, subdivision or consolidation, State Land Use District Boundary Amendment, Zoning Amendment, or amendment into the Visitor

Market Unit means any Unit for which (i) no restrictions or limitations are imposed on the sales or rental prices, and (ii) no payments of any kind are required in lieu of restrictions or limitations on the sales or rental prices.

Market Unit means and refer to any Unit within the Condominium that is not identified and restricted as an Affordable Unit in either this Master Deed or any applicable Affordable Housing Declaration. These Units are sometimes called "Fair Market Units".

Market Unit means a unit that is in a housing project and that is not a rent-geared-to-income unit; (“loge- ment à loyer du marché”)