Residential condominium definition

Residential condominium means a condominium consisting of two or more units, any of which are intended for use as a private temporary or permanent residence, except that a condominium is not a residential condominium if the use for which the units are intended is primarily commercial or industrial and not more than three units are intended to be used for private residence, and are intended to be used as housing for maintenance, managerial, janitorial, or other operational staff of the condominium. With respect to a condominium that is not a timeshare condominium, a residential unit includes a unit intended as a private temporary or permanent residence as well as a unit not intended for commercial or industrial use. With respect to a timeshare condominium, the timeshare instrument as defined in s. 721.05(35) shall govern the intended use of each unit in the condominium. If a condominium is a residential condominium but contains units intended to be used for commercial or industrial purposes, then, with respect to those units which are not intended for or used as private residences, the condominium is not a residential condominium. A condominium which contains both commercial and residential units is a mixed-use condominium and is subject to the requirements of s. 718.404.

Residential condominium means an estate in real property consisting of an undivided common interest in a portion of a parcel of real property together with a separate interest in a living unit of the residential multiple unit.

Residential condominium means a condomin- ium consisting of two or more units, any of which are intended for use as a private temporary or permanent residence, except that a condominium is not a residen- tial condominium if the use for which the units are intended is primarily commercial or industrial and not more than three units are intended to be used for private residence, and are intended to be used as housing for maintenance, managerial, janitorial, or other operational staff of the condominium. With respect to a condomin- ium that is not a timeshare condominium, a residential unit includes a unit intended as a private temporary or permanent residence as well as a unit not intended for commercial or industrial use. With respect to a time- share condominium, the timeshare instrument as de- fined in s. 721.05(35) shall govern the intended use of

Examples of Residential condominium in a sentence

• Residential condominium buildings are covered under the NFIP’s Residential Condominium Building Association Policy (RCBAP).

• Residential condominium homeowner associations, boards, or a group of condominium owners may apply to perform specific energy efficiency measures listed below in all common spaces.

• Residential condominium associations and office condominium associations are eligible.

• Lastly, they make sure that a document indicating the amount of the charge is issued to the haulier so that the latter can easily pass on the cost to the shipper.

• Residential condominium projects differ from other residential subdivisions in numerous respects, particularly as to development standards and ownership of individual dwelling units and jointly held common areas.

More Definitions of Residential condominium

Residential condominium means a condominium

Residential condominium means a common interest community in which portions of the real estate are designated for separate dwelling unit ownership and the remainder of which is designated for common ownership solely by the owners of the separate ownership portions. A common interest community is not a condominium unless the undivided interests in the common elements are vested in the unit owners.

Residential condominium. As such term is defined in Section 14.8(c).

Residential condominium means a for-sale residential condominium; provided, that the term “residential condominium” shall not include any common or public space in or appurtenant to the for-sale residential condominium project of which the residential condominium is a part.

Residential condominium means an estate in real property, created under the Tennessee Horizontal Property Act or the Tennessee Condominium Act of 2008, consisting of ownership of a fractional undivided fee interest in common with other unit owners in common elements, together a separate fee interest in a unit and all appurtenant rights, title, and interests.Sec. 11-529. District Management Corporation.

Residential condominium means an attached single-family Residential Use for ownership in a condominium structure.

Residential condominium means a tract or parcel of real property that is located within the Community and has been designated for residential use and subjected to: (i) this Master Declaration pursuant to any amendment hereto or supplemental declaration referring to this Master Declaration, made in accordance with the provisions hereof and recorded in the land records for Pamlico County, North Carolina; and (ii) the North Carolina Condominium Act set forth in Chapter 47C of the General Statutes, as it may be amended from time to time, or any successor or replacement statute governing condominiums, pursuant to an instrument recorded in the land records for Pamlico County, North Carolina.