Mixed tenure definition

Mixed tenure means when a property for which a loan is sought comprises more than one self contained dwelling, with the applicant living or intending to live in one of the dwellings and let the remaining dwellings.
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Mixed tenure means a building or a group of buildings which contain multiple tenure types.
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Examples of Mixed tenure in a sentence

  • The homes will remain available for rent for between five and 10 years, after which time they will be available for sale.273 Mixed tenure subsidies are also part of the Scottish Executive subsidisation framework.

Related to Mixed tenure

  • Qualified Tenant means , at any time, a tenant under a Lease of Property that meets the following criteria: (a) either such tenant is itself in occupancy of such Property or, if such Property is occupied by subtenants of such tenant, no member of the Consolidated Group has reason to believe that the failure of such subtenants to occupy such Property would reasonably be expected to result in such tenant defaulting its monetary obligations under the Lease of such Property to which it is a party as lessee, (b) such tenant is not subject to any proceedings under Debtor Relief Laws, (c) such tenant is not more than one month in arrears on its rent payments due under the Lease of such Property to which it is a party as lessee, and (d) if such tenant has one or more sub-tenants, neither the Borrower nor any of its Subsidiaries has actual knowledge, without inquiry or investigation, of any monetary defaults by such sub-tenant(s) under its sublease with such tenant that would reasonably be expected to result in such tenant defaulting its monetary obligations under the Lease of such Property to which it is a party as lessee.

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • Modular home means a modular unit as defined in Section 15A-1-302.

  • Good moral character means good moral character as determined and defined under 1974 PA 381, MCL 338.41 to 338.47.

  • contiguous zone means the entire zone established by the United States under Article 24 of the Convention on the Territorial Sea and the Contiguous Zone (37 FR 11906 June 15, 1972).