PACE property definition

PACE property or "property" means any residential property or commercial
PACE property means any property which is the subject of a written agreement
PACE property or "property" means any commercial property which is the subject of an approved application for a PACE project filed pursuant to this chapter.

Examples of PACE property in a sentence

  • The Program requires that each Partner implement procedures for responding to requests for prepayment of their PACE property tax assessment in a timely and complete manner, matters regarding impound account catch up payments, payment timing inquiries and payment amount reconciliation among others.

  • It is also the policy of the Program that the Partner implement procedures for responding to requests for partial or full prepayment of their PACE property tax assessment in a timely and complete manner.

  • Using PACE, property owners or a group of property owners may obtain financing to pay for special clean energy projects or services involving solar photovoltaic, solar thermal, geothermal, wind, biomass, gasification and energy efficiency.

  • But even if buyers are purchasing properties subject to a PACE property tax assessment in large numbers, evaluating whether irrational buyer behavior exists and the extent of that behavior, would require determining if the buyer bargained on sales price or other consideration in the negotiation process.

  • The conservation of the site helps the adjacent aquatic habitat (reduce untreated runoff).

  • It is also the policy of the Program that the Partner implement procedures for responding torequests for partial or full prepayment of their PACE property tax assessment in a timely and complete manner.

  • The PACE assessment shall be owed by the current owner of the related PACE property as of the time each PACE assessment comes due.

  • PACE (property assessed clean energy) is a repayment mechanism used in jurisdictions across North America to facilitate energy efficiency and renewable energy retrofits in commercial and residential buildings.CEIP, Alberta’s version of PACE, is a financing program designed to make residential and non- residential energy efficiency and renewable energy upgrades more accessible.

  • The level of private-entityparticipation can range from being solely a source that pur- chases issued bonds to marketing, originating, underwriting, and issuing and purchasing the bonds, with the government entity solely responsible for administering the PACE property tax assessment.

  • Without PACE, property owners will continue to practice “delayed maintenance” shifting the responsibility to a new owner.


More Definitions of PACE property

PACE property or "property" means any commercial property which is the subject of an approved application for a PACE project filed pursuant to Chapter 39-26.5 of the Rhode Island General Laws and the rules and regulations promulgated by RIIB thereunder.
PACE property or “property” means any dwelling or commercial property which

Related to PACE property

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Project site, where applicable, means the place indicated in bidding documents.