Value of the building definition

Value of the building means the monetary value assigned to a building by an independent real estate appraiser or as otherwise reasonably established by the recipient.
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Value of the building means the monetary value assigned to a building by an independent real estate appraiser or as otherwise reasonably established by the recipient or subrecipient.ITEM 5. Amend rule 265—41.3(16) as follows: 265—41.3(16) Eligible applicants. City governments, county governments, local public housing authorities, instrumentalities of government, and private, nonprofit organizations are eligible applicants under the SAF program. City or county governments may apply on behalf of a nonprofit service provider within their jurisdictions when the nonprofit service provider serves homeless and near-homeless clients by providing overnight shelter, meals, clothing, transportation, counseling, child care, legal services, medical services, transitional housing services, and other related services for homeless individuals and families.ITEM 6. Amend rule 265—41.4(16) as follows: 265—41.4(16) Eligible activities. Activities assisted by the SAF Eligible activities may include the following, where the activities are necessary to assist program participants:
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Value of the building means the reinstatement costs of the building for insurance purposes at the time immediately before the renovation of the building is commenced.]
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Examples of Value of the building in a sentence

  • The maximum amount of building coverage that can be purchased on a high-rise or low-rise condominium is the Replacement Cost Value of the building or the total number of units in the condominium building times $250,000, whichever is less.

  • A market valuation (Quotable Value) of the building is preferred but if this is not available, a Rateable Valuation (RV) is acceptable.

  • If the estimated cost of repair exceeds the State Equalized Value of the building or structure to be repaired, a rebutable presumption that the building or structure requires immediate demolition exists.

  • Operator may only procure and maintain limits below the maximum available flood insurance limits if the Replacement Value of the building and its contents are less than the maximum available flood insurance limits.

  • A substantial addition is defined as an improvement valued in excess of 50% of the Market Value of the building, as determined by the real estate tax statement for the parcel exclusive of the value of the land, or an expansion of the foundation area of the existing principal building by more than 50%.

  • Value of the building: The College have confirmed that the market value of the building has been estimated by the Council to be in the region of £375,000 in its existing condition assuming use would be for offices.

  • Value of the building (if you do not own the building, provide estimate of occupied structure): $ 41.

  • Definition In this method of valuation building portions being valued separately after allowing depreciation and the land is valued separately and their added to get the present value of the property: Present Value of the Property = Value of the building + Value of the land + Value of the amenities & services.

  • The sum of the identified deficiencies (in dollars) divided by the estimated Current Replacement Value of the building.

  • If the estimated cost of repair exceeds the State Equalized Value of the building or structure to be repaired, a refutable presumption that the building or structure requires immediate demolition exists.


More Definitions of Value of the building

Value of the building means the monetary value assigned to a building by an independent real estate appraiser or otherwise reasonably established by the state. 150:40-1-3. Grant requests [REVOKED]
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Value of the building means the reinstatement costs of the building for insurance purposes.
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Related to Value of the building

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Building Systems The mechanical, electrical, plumbing, sanitary, sprinkler, heating, ventilation and air conditioning (“HVAC”), security, life-safety, elevator and other service systems or facilities of the Building up to the point of connection of localized distribution to the Premises.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Building site means a plot of land held for building purposes, whether any building is actually erected thereupon or not, and includes the open ground or courtyard enclosed by, or adjacent to, any building erected thereupon;

  • Elevated Building means a non-basement building which has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns.

  • Green building strategies means those strategies that minimize the impact of development on the environment, and enhance the health, safety and well-being of residents by producing durable, low-maintenance, resource-efficient housing while making optimum use of existing infrastructure and community services.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Outbuilding means and refer to structures such as (by way of example and not limitation) storage buildings, sheds, greenhouses, gazebos and other Roofed Structures.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • Qualified building means a building built at least 30 years before the date of application, located within a designated downtown or, village center, or neighborhood development area, which, upon completion of the project supported by the tax credit, will be an income-producing building not used solely as a single-family residence. Churches and other buildings owned by religious organization may be qualified buildings, but in no event shall tax credits be used for religious worship.