Qualifying real property definition

Qualifying real property means a commercial property including industrial, agricultural, non‑profit owned buildings, and multifamily dwellings consisting of five or more units that the governing body has determined, after review, can be benefited by the installation of clean energy improvements. Qualifying real property does not include non‑profit owned single‑family residential property. Multifamily dwellings with five or more units must be considered ‘nonresidential’ customer generators to ensure these commercial properties adhere to the capacity restrictions of Section 58‑40‑10(C).
Qualifying real property means a commercial property, including industrial, agricultural, non-profit owned buildings, and multifamily dwellings consisting of five or more units that the governing body has determined, after review, can be benefited by the installation of clean energy improvements. Qualifying real property does not include non-profit owned single family residential property. Multifamily dwellings with five or more units must be considered ‘nonresidential’ customer generators to ensure these commercial properties adhere to the capacity restrictions of Section 58-40-10(C).
Qualifying real property means a commercial property including industrial, agricultural, nonprofit‑owned buildings, and multifamily dwellings consisting of five or more units that the governing body has determined, after review, can benefit by the installation of clean energy improvements. Qualifying real property does not include nonprofit‑owned single‑family residential property. Multifamily dwellings with five or more units must be considered ‘nonresidential’ customer generators to ensure these commercial properties adhere to the capacity restrictions of Section 58‑40‑10(C).

Examples of Qualifying real property in a sentence

  • See Section 10.06(c) of the Plan for the limits that apply with respect to investments in Qualifying Employer Securities and Qualifying Real Property.

  • Under the CPACE Program, CPACE Loans are secured by a Benefit Assessment Lien filed against Qualifying Real Property.


More Definitions of Qualifying real property

Qualifying real property means multifamily residential dwellings or commercial or industrial buildings that the local government has determined can be benefited by seismic rehabilitation.
Qualifying real property means a single-family or multifamily residential dwelling, or a commercial or industrial building, that the implementing entity has determined, after review of an energy audit or renewable energy system feasibility study, can be benefited by installation of new text begincost-effective new text endenergy improvements.
Qualifying real property means any real property owned by the Company or any Subsidiary Guarantor other than Excluded Real Property.
Qualifying real property means a single-family or multifamily residential dwelling or a nonresidential building, regardless of ownership, that a municipality has determined can benefit from energy improvements;
Qualifying real property means multifamily residential dwellings or commer- cial or industrial buildings that the local government has determined can be benefited by seismic rehabilitation.
Qualifying real property means a commercial or industrial building or buildings that the governing body has determined, after review, can be benefited by installation of energy efficiency improvements or renewable energy systems.
Qualifying real property means multifamily residential dwellings or commer- cial or industrial buildings that the local government has determined can be benefited by utilities improvements.