Condominium Building definition

Condominium Building means a multiple family residential building in which the dwelling units are subject to a condominium plan and declaration pursuant to The Condominium Act;
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Condominium Building means non-residential, commercial, or mixed-use building consisting of two or more units that share common walls and are offered as for-sale units, including such buildings that meet the definition of a condominium in Civil Code section 1351.
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Condominium Building means a residential structure containing condominium units.
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Examples of Condominium Building in a sentence

  • The Standard Flood Insurance Policy (SFIP) consists of the Dwelling Form, the General Property Form, and the Residential Condominium Building Association Policy (RCBAP) Form.

  • A Dwelling Form policy with building coverage may be issued to a unit owner in a condominium building that is also insured under a Residential Condominium Building Association Policy (RCBAP).

  • Replacement cost coverage does not apply to manufactured (i.e., mobile) homes smaller than certain dimensions specified in the policy.Losses are adjusted on a replacement cost basis for residential condominium buildings insured under the Residential Condominium Building Association Policy (RCBAP).

  • Residential Condominium Building Association Policies (RCBAP) are distinguished between High Rise (those structures that have 3 or more floors and 5 or more units) and Low Rise (those structures that have either less than 3 floors or less than 5 units).

  • New Policy (in connection with the purchase of an RCBAP)--When a condominium association is purchasing a Residential Condominium Building Association Policy (RCBAP), the 30-day waiting period does not apply if the condominium association is required to obtain flood insurance as part of the security for a loan under the name of the condominium association.


More Definitions of Condominium Building

Condominium Building or “Building” shall mean and refer to a structure containing Units and related improvements in the Development. There is one (1) Condominium Building within the Development.
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Condominium Building means a subdivided building (as contemplated in the CONDOMINIUM ACT) erected on a CONDOMINIUM PROPERTY;
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Condominium Building means a multi-dwelling unit building under individual dwelling unit ownership or under the ownership of a condominium corporation;
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Condominium Building means a subdivided building erected on the Parcel as contemplated under Article 2;
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Condominium Building means the subdivided building (as that term is contemplated in the ACT) erected on the CONDOMINIUM PROPERTY;
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Condominium Building or “Condominium Buildings” shall mean and refer to a structure(s) containing Units. The Condominium Buildings include the Units and Building Common Area, but do not include the land beneath and the airspace surrounding the Condominium Buildings, which shall be Association Common Area.
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Condominium Building or “Building” shall mean and refer to a structure(s) containing Units and related improvements in the Development.
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