Open Market Units definition

Open Market Units means the Dwellings that are general market housing for sale on the open market and which are not Affordable Housing Units
Open Market Units means the Open Market Housing to be provided as part of the Development in accordance with the application and/or any subsequent reserved matters approval.
Open Market Units means the Dwellings forming part of the Development (and assuming no restriction on use as Affordable Housing) on the Site that are not Affordable Housing Units and “Open Market Unit” is to be construed accordingly

Examples of Open Market Units in a sentence

  • Open Market Units: has the meaning afforded to it at Schedule Two.

  • Unless otherwise agreed with the Council in writing, prior to Occupation of more than 50% of the Open Market Units to deliver and make available in a Serviced Condition the Self-Build and Custom Housebuilding Plots in accordance with the Self-Build and Custom Housebuilding Scheme.

  • Prior to occupation of 40% (forty percent) of the Open Market Units all of the Affordable Housing Units within the Development must have been constructed in accordance with the Affordable Housing Scheme and be available to be occupied for their intended purpose.

  • If at the expiration of the Marketing Period any Self-Build and Custom-Build Plots have not been Sold the Owner shall be free to develop them as Open Market Units.

  • Unless otherwise agreed with the Council in writing, not to permit more than 50% of the Open Market Units to be Occupied until the Self-Build and Custom Housebuilding Plots are made available in accordance with the approved Self-Build and Custom Housebuilding Scheme and have been provided in a Serviced Condition.


More Definitions of Open Market Units

Open Market Units means those Dwellings which are not Discounted Market Sales Units, and all like uses of “Open Market Units" shall be construed accordingly;
Open Market Units means the units on the Site that are not Affordable Housing Units
Open Market Units means Common Units repurchased by the Company pursuant to an Open Market Repurchase.
Open Market Units. Any Residential Units that are not Affordable Housing Units.
Open Market Units means the Units to be erected on the Property (excluding the Affordable Units) which shall be available for sale on the open market
Open Market Units means all those Residential Units constructed pursuant to the Permission which are not Affordable Housing Units;
Open Market Units means the Dwellings forming part of the Development on