Multifamily Residential Property definition

Multifamily Residential Property means a residential property, located in the United States, containing five or more dwelling units in which not more than twenty percent (20%) of the net rentable area is or will be rented to non-residential tenants, and conforming to the requirements of Sections 201 and 203 of Part III of the DUS Guide.

Multifamily Residential Property means Residential Property for which a building permit for multifamily dwelling units is expected to be issued.

Multifamily Residential Property means five or more individual living units located on a single parcel of land and any mobile home park located within the city.

Examples of Multifamily Residential Property in a sentence

• Borrower hereby requests that the Multifamily Residential Property described in this Request be added to the Collateral Pool in connection with a substitution of Collateral in accordance with the terms of the Master Agreement.

• In performing a Valuation of a Multifamily Residential Property to be added to the Collateral Pool, the Lender shall be entitled to obtain an Appraisal.

• Multifamily Residential Property 243 Commercial/Industrial Rooftop Leases for Solar PV Systems 247 Case Study 10.

• Owner shall continue to operate each Property as a Multifamily Residential Property, and shall manage or cause to be managed the operations of each Property in accordance with the applicable provisions of the Mortgage Documents and the other Transaction Documents.

• Borrower hereby requests that the Multifamily Residential Property described in this Request be added to the Collateral Pool in accordance with the terms of the Master Agreement.

More Definitions of Multifamily Residential Property

Multifamily Residential Property means any residential property consisting of five or more dwelling units including apartment buildings, condominiums, cooperatives, and other similar structures primarily for resi- dential use, but not including hospitals, nursing homes, or other similar facilities.

Multifamily Residential Property means Real Property that is used primarily for multifamily residential apartments, which may include ancillary uses such as retail uses.

Multifamily Residential Property means a residential structure located on a parcel that is designed with five or more dwelling units which accommodate five or more families or groups of individuals living separately and not sharing the same living space

Multifamily Residential Property means a residential property containing five or more dwelling units in which not more than twenty percent (20%) of the net rentable area is or will be rented to non-residential tenants.

Multifamily Residential Property means any residential dwelling complex consisting of four or more units.

Multifamily Residential Property means any residential property consisting of five or more dwelling units including apartment buildings, condominiums, cooperatives, and1 As of November 1995, the OECD included the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, the Nether- lands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States; and Saudi Arabia had concluded special lending arrangements with the IMF associated with the IMF’s General Arrangements to Borrow. Pt. 3, App. A 12 CFR Ch. I (1–1–11 Edition) decline in interest rates or other change in market conditions.(25) Original maturity means, with respect to a commitment, the earliest possible date after a commitment is made on which the commitment is scheduled to expire (i.e., it will reach its stated maturity and cease to be binding on either party), provided that ei- ther:

Multifamily Residential Property means a residential property located in the United States and conforming to the Underwriting and Servicing Requirements.