Examples of Residential condominium unit in a sentence
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 Residential condominium unit and equipment for rent are stated at cost less accumulated depreciation and allowance for impairment.
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.