Examples of Residential condominium unit in a sentence
Residential condominium unit or residential stock cooperative unit.
Example 4: Residential condominium unit (or Cooperative Apartment).
This can occur in high rent areas, where purchasers do not intend to occupy the premises, but purchase for its income-generating ability and the expectation of a capital gain.(c) Residential condominium unit (Strata title unit)Primary Approach - Direct Comparison Approach.
Residential condominium unit and equipment for rent, which has carrying value as at December 31, 2012 and 2011 amounting to Baht 26.2 million and Baht 28.2 million, respectively, is pledged as collateral for bank overdrafts from local financial institution as discussed in Note 14 and long-term loan from financial institution as discussed in Note 16.
Subsection (4) of section 627.714, Florida Statutes, is amended to read:627.714 Residential condominium unit owner coverage; loss assessment coverage required.—(4) Every individual unit owner’s residential property policy must contain a provision stating that the coverage afforded by such policy is excess coverage over the amount recoverable under any other policy covering the same property.