Residential property owner definition

Residential property owner means an individual who owns an interest in land, whether in the United Kingdom or elsewhere, which:
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Residential property owner means the person holding record title to residential property as that term is defined in subsection (f) of this section.
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Residential property owner means any individual that owns or leases real property that is used by such individ- ual as his own residence or dwelling. Residential property owner does not include any person who owns or leases residential property for the purpose of holding or developing such property, or for any other business or commercial purposes in the absence of a regular physical presence at that proper- ty. For example, an individual who lives in and owns or leas- es a single family home is a residential property owner as to that property. An individual who leases that same home to another individual is not a residential property owner as to that property. An individual who owns a multi-family dwelling is not a residential property owner as to that property.
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Examples of Residential property owner in a sentence

  • The Residential property owner ("homeowners" or "property owners") along the specified portions of the roadways within the Program, including only the affected portion of Olde Eight Road, shall be offered an opportunity to, at their option and at Village expense, contract with approved and pre-qualified plumbers to connect to the waterline mains installed as a part of the Program.

  • GURICH, 2011 OK 12 (decided 02/22/11) Residential property owner challenged real property valuation first before the Board of Equalization and then to the District Court.

  • As part of the proposed action, a closed-loop geothermal system is being considered on the northwest portion of the lease area.

  • Residential property owner does not include any persons who own or lease residential property for the purpose of holding or developing such property or for any other business or commercial purposes.(Source: P.A. 96-714, eff.

  • If the Residential Property Owner exercises that option, the monthly fee will increase for the additional 95-gallon cart at a price of per month for each Residential property owner; the monthly fee will increase for the additional 65- gallon cart at a price of per month for each Residential Property owner, which shall be paid by the Residential Property owner (Waste Collection Service Fee').

  • Incentive - a monetary gain, such as a rebate or a coupon, that is earned by a Residential property owner for implementing and maintaining Structural or Non-Structural Best Management Practices that benefit the City’s Program and System.


More Definitions of Residential property owner

Residential property owner means an individual who owns as sole or joint owner an interest in residential property (including a legal interest in land acquired under the terms of a regulated home purchase plan or a shared ownership arrangement) which is—
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Residential property owner has the meaning given in Section 22(a)(i).
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Residential property owner means an individual who performs
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Residential property owner means the person holding record title to residential property as the term is defined in subsection
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Residential property owner means any individual or
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Related to Residential property owner

  • Residential property means improved property that:-

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Residential Project means a redevelopment project that is

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Property Owners association" or "association" means an incorporated or unincorporated entity upon

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Residential building means a building containing one or more residential dwellings.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.

  • Residential Zone means a zone earmarked for buildings exclusively designed for human habitation and in no case shall include its use in whole or a part thereof for any other purpose e.g commercial activities, school, institution, shop, office, clinic, beauty parlor, guest house, marriage center, gymnasium, tuition center, club activities, work-shop, store or godown etc. or for the purpose of political, religious and sectarian activities. It includes parks, gardens, play grounds, sector shops and other open spaces located in the area earmarked in the residential zone.

  • Residential contractor means a licensed contractor that holds an endorsement as a:

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.