Property Interest definition

Property Interest means the direct ownership of real property and includes any percentage of ownership less than total ownership.
Property Interest means a person’s ownership or control of a lot, parcel, unit, share, use in a development, including any right in a subdivided or unsubdivided land, a cemetery plot, a condominium, a time-share interval, a membership camping contract, or a stock cooperative.
Property Interest means any interest or right in real property in the state.

Examples of Property Interest in a sentence

  • DB Contractor is advised that in some cases reimbursement of the Utility Owner's acquisition costs for a Replacement Utility Property Interest will satisfy this requirement.

  • Developer is advised that in some cases reimbursement of the Utility Owner's acquisition costs for a Replacement Utility Property Interest will satisfy this requirement.

  • Each Abbreviated Utility Assembly shall contain a transmittal memo recommending that the subject Utility(ies) remain in place, a completed Utility Assembly Checklist, a certification from the Utility Owner approving leaving the Utility(ies) in place, as well as Utility Joint Use Acknowledgement(s) and Affidavit(s) of Property Interest, if applicable.

  • The Supplemental Utility Assembly shall contain a transmittal memo, Utility Assembly Checklist, proposed UAAA cost estimate, a proposed UAAA which has been executed by the Utility Owner and Developer (one original in each of the two original Supplemental Utility Assemblies), including all required attachments, and applicable revisions to the Utility Adjustment Plans, as well as Utility Joint Use Acknowledgement(s) and Affidavit(s) of Property Interest, if applicable.

  • If any of Developer-Related Entities assists a Utility Owner in acquiring a Replacement Utility Property Interest, such assistance shall be by separate contract outside of the Work, and the Developer shall ensure that the following requirements are met: • The files and records must be kept separate and apart from all acquisition files and records for the Project ROW.


More Definitions of Property Interest

Property Interest means an interest of any kind in any property or asset, whether real, personal or mixed, and whether tangible or intangible.
Property Interest means the proportional ownership interest in Diamond Growers attributable to a Member, calculated by Diamond Growers pursuant to Section 2.11 of Diamond Growers’ bylaws. Such calculations by Diamond Growers shall be final and conclusive and binding on the Members.
Property Interest means the freehold interest (including a freehold estate in commonhold land) or the leasehold interest in the property that the seller is proposing to sell(12);
Property Interest or “Property Interests”—as defined in Section 3.19(a).
Property Interest is either a fee simple interest in the Property or an interest in the trees and standing timber located on the Property. A "Reversal" exists if the Reserve determines that the difference between the Carbon Stocks and the Baseline for the Forest Project (such difference a "Net Carbon Reduction") for a given year is less than the Net Carbon Reduction for the year immediately preceding the given year.
Property Interest means the direct or indirect ownership of property, whether personal or real, and includes any percentage of ownership less than total ownership.
Property Interest means (A) with respect to the Property, any interest in the Property or in any portion of the Property, (B) with respect to Covenant, any interest in Covenant, (C) with respect to an Affiliate Property (as defined in Section 2(d) below), any interest in the Affiliate Property or in any portion of the Affiliate Property, and (D) with respect to an Affiliate Owner (as defined in Section 2(d) below), any interest in such Affiliate Owner, and (ii) “Transfer” means to sell, assign, lease, or otherwise transfer to any person or entity other than the Transferor’s lender.