Commercial property definition
Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.
Commercial property means that term as defined in section 2 of the obsolete property rehabilitation act, 2000 PA 146, MCL 125.2782.
Commercial property means property classified as commercial, industrial, railroad, utility, or multiresidential for property tax purposes under rules 701—71.1(405,427A,428,441,499B), 701—76.1(434), and 701—77.1(428,433,437,438).
Examples of Commercial property in a sentence
Throughout the Term, KFCU shall maintain Commercial Property Insurance (“CP Insurance”) that covers the Premises and the ATM, on a replacement cost basis.
More Definitions of Commercial property
Commercial property means a building used in a trade or business or held for the production of income.
Commercial property means real property on which is located a business, government, or nonprofit establishment.
Commercial property means that term as defined in
Commercial property means real property other than
Commercial property means all property, or portions of property, not included in the classes of property defined in subsections 1, 4, 11, and 12.
Commercial property means property zoned for or otherwise authorized for use other than single-family use, multifamily use, heavy industrial use, or use as a quarry.
Commercial property means a building used for retail, office, or other uses not otherwise defined in this rule.