Occupied real property definition

Occupied real property means any of the following:
Occupied real property means all of the following:
Occupied real property means real property that is owned, leased, or otherwise occupied by a person claiming the exemption or by an affiliated person, and can be part of a parcel of real property; a single parcel of real property; or contiguous parcels of real property that host a single, integrated business operation engaged primarily in industrial processing, direct integrated support, or both.

Examples of Occupied real property in a sentence

  • The title insurance policies and surveys listed in Section 1.1(f) of the Seller Disclosure Schedule are all of the title insurance policies and surveys the Acquired Companies and their Affiliates with respect to the Owned Real Property and the Acquired Companies’ interests granted under the Occupied Real Property.

  • There are no proceedings in eminent domain or -------------- other similar proceedings pending or, to the knowledge of the Company, threatened, affecting any portion of the Owned Real Property or, to the knowledge of the Company, the Leased Real Property or the Occupied Real Property.


More Definitions of Occupied real property

Occupied real property is defined in Section 3.14(b).

Related to Occupied real property

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Material Real Property means any fee owned real property of a Loan Party as of the Closing Date and/or acquired by any Loan Party after the Closing Date and located in the United States with a book value in excess of $25,000,000 (as reasonably determined by the Borrower in good faith as of the Closing Date or, if acquired thereafter, as of the date of such acquisition, as applicable).

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.