Residential Unit Owner definition

Residential Unit Owner means the owner of record of a

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Residential Unit Owner means an owner of a Residential Unit.

Residential Unit Owner means the Owner from time to time of the Residential Unit.

Examples of Residential Unit Owner in a sentence

If access to an individual apartment unit is required under this Section, then the Party with need of access shall obtain permission from the Residential Unit Owner, which may require approval from the tenant of the individual apartment unit.
Except for the express accommodations to the Residential Mortgagee as set forth herein, nothing herein shall be deemed to limit the rights and remedies of BPCA under the Ground Lease in respect of any Condominium Default or Residential Unit Owner Default or any other default thereunder.
If, during the pendency of any Legal Proceeding (as defined in Section 8 hereof) by BPCA, the Residential Mortgagee remedies the Residential Unit Owner Default, BPCA shall, at the reasonable request of such Residential Mortgagee, either discontinue such proceeding or assign its interests in such proceeding to the Residential Mortgagee, without recourse, to permit the Residential Mortgagee to continue such action or proceeding.
Before any such charges are assessed, the Residential Unit Owner shall be given an opportunity to be heard and to be represented by counsel before the Board of the Master Association or any committee appointed thereby to hear such matters.
The Master Association shall have the power to assess charges against any Owner of a Residential Unit for any violation of this Declaration or the Articles of Incorporation or Bylaws of the Master Association or any of the rules and regulations promulgated pursuant thereto for which such Residential Unit Owner or his family member, tenants, guests, employees or other invitee are responsible.
The Residential Board shall be notified in writing of the existence of any such rental or lease arrangement made by any Residential Unit Owner other than the Declarant.
For each Lot or Residential Unit Owner, Owner by acceptance of the deed for said Lot or Residential Unit deemed to covenant and agrees to pay annual and special assessments to the Association, whether or not it shall be so expressed in such deed.
Subject to this Declaration and applicable Residential Rules, each Residential Unit Owner has the unqualified right to use the Residential Parking Space(s) which are assigned to its Unit as a Limited Common Element.
In addition, no Owner of a Resort Residential Property or Residential Unit Owner may use, develop or subdivide such Resort Residential Property (or permit the use, development or subdivision thereof) for any of the uses or activities listed in EXHIBIT Q; provided, however, that nothing in this Section 6.6 or Exhibit Q shall prohibit the rental to transient guests of any interval ownership units developed by Marriott International, Inc., or any of its Affiliates.
Residential Unit Owner or other occupant of the Building shall engage any employee of the Condominium for any private business, agents, there are cases where scammers set up a lease signing that was illegitimate and scammed people out of thousands of dollars.

More Definitions of Residential Unit Owner

Residential Unit Owner means and refer to the record titleholder of a Residential Unit, but the term does not include a Person holding an interest in a Residential Unit solely as security for an obligation.

Residential Unit Owner means those Units in the Project for residential use or the persons who are registered as “Owners” thereof;

Residential Unit Owner means each third party, who is not the Lessee and, as of or during any designated time, is the owner and sublessee of a Residential Unit, the Building (or portion thereof) containing such Residential Unit and the Building Lot on which such Building (or portion thereof) is located pursuant to the provisions of a Sublease. Residential Unit Participation Fee -- a one-time Fee to be paid by Lessee to Lessor upon the initial sale, transfer, assignment, conveyance or other disposition of a Residential Unit, the Building (or portion thereof) containing such Residential Unit and the Building Lot on which such Building (or portion thereof) is located. Residential Unit Transfer Fee -- a Fee to be paid on all assignments, conveyances, or transfers of a Sublease by to a successor Subtenant calculated at one percent (1.0%) of the net sales proceeds of such sale, transfer, assignment, conveyance or other disposition of a Sublease by a Residential Unit Owner to a successor Residential Unit Owner. Sublease means each sublease of a Residential Unit, Building (or portion thereof) containing such Residential Unit and/or Building Lot on which such Building (or portion thereof) is located, entered into between Lessee and a Residential Unit Owner, in the form attached hereto as Exhibit C, which form contains the terms of Lessor’s Standard Residential Property Lease. Sublease Year means, in any Sublease, the twelve (12) month period immediately following the date of commencement of the term or such Sublease and each successive twelve (12) month period during such term. Term is defined in Section 1.1 (a).

Residential Unit Owner means any Unit Owner of a Residential Unit at the time in question. All such Residential Unit Owners are, collectively, referred to as the “Residential Unit Owners.”

Residential Unit Owner shall have that meaning set forth in Section 1.02(a) of this Development Agreement.