Substantial remodeling definition
Substantial remodeling means a remodeling of a residence, the total cost of which exceeds fifty percent (50%) of the assessed value under IC 6-1.1-1-3(a)(2) of the residence at the time that the contract for the remodeling work was made..
Substantial remodeling means the cost to repair/replace is at least fifty (50) percent of the cost to replace the facility.
Substantial remodeling means any alteration, change, rearrangement or reconstruction to an existing structure, except for ordinary repairs and maintenance.
More Definitions of Substantial remodeling
Substantial remodeling as used in this provision shall mean an increase of 25% of the living area within any 5-year period. REVISED MAY 2013
Substantial remodeling means remodeling for which the