Original Property means a building, structure, or other shelter constituting a place of abode, whether real property or personal property, that is owned and occupied by a claimant as his or her principal place of residence, and any land owned by the claimant on which the building, structure, or other shelter is situated. For purposes of this paragraph, land constituting a part of the original property includes only that area of reasonable size that is used as a site for a residence, and “land owned by the claimant” includes land for which the claimant either holds a leasehold interest described in subdivision (c) of Section 61 or a land purchase contract. Each unit of a multiunit dwelling shall be considered a separate original property. For purposes of this paragraph, “area of reasonable size that is used as a site for a residence” includes all land if any nonresidential uses of the property are only incidental to the use of the property as a residential site. For purposes of this paragraph, “land owned by the claimant” includes an ownership interest in a resident-owned mobilehome park that is assessed pursuant to subdivision (b) of Section 62.1.

Original Property means a building, structure, or other

Original Property means the property obtained through unlawful conduct or the tainted property, as the case may be; and

Examples of Original Property in a sentence

Upon any transfer of the property and this Warranty, the obligations of the Original Property Owner(s) hereunder become the obligations of the new owner(s).
Xxx Xxxx The Transaction is by its nature a property swap and involves the acquisition of the Original Property and the disposal of the Substituted Property by the Xxx Xxxx Group.
Effective April 1, 2006, the Original Property is hereby amended to consist only of Suite 10, located at 0000 Xxxxx Xxxxxxxxxx Xxxx, consisting of 1,360 square feet of space for the operation on a continuous basis of a quality restaurant/food service facility ("Property" or “Leased Premises”).
This warranty may be transferred by the Original Property Owner(s) to a subsequent owner(s) of the property as a 40-year non-prorated warranty from the date of installation.
The Original Framework Agreement and the Original Property SPA will be automatically terminated upon the New Framework Agreement becoming effective.

More Definitions of Original Property

Original Property means a building, structure, or other shelter constituting a place of abode, whether real property or personal property, that is owned and occupied by a person as his or her principal place of residence,

Original Property means each property listed in Part 1 of Schedule 1 (Original Properties and Original Lenders) as more fully described in a Security Document and, where the context so requires, includes the buildings on that Original Property.

Original Property means the properties set out in Part I of Schedule 8 (Properties).

Original Property means the property Stockholm Uppfinnaren 1, located at Valhallavägen 136, Artillerigatan 64-66, Skeppargatan 65.

Original Property means any freehold or leasehold property specified in Part 1A of Schedule 1 (Security Assets).