Condominium unit definition

Condominium unit. A Single Family Property within a Condominium Project.

Condominium unit means that portion of the condominium project designed and intended for separate ownership and use, as described in the master deed, regardless of whether it is intended for residential, office, industrial, business, recreational, use as a time-share unit, or any other type of use.

Condominium unit means a unit together with the undivided interest in the common elements

Examples of Condominium unit in a sentence

• Any appeal from the decision of the county board shall be governed by section 39-10-114.5. (c) As used in this subsection (5.5): (I) "Condominium unit" means a unit, as defined in section 38-33.3-103 (30), C.R.S., and also includes a time share unit.

• In order to evict under this subsection VI.A.3., the Landlord must be a natural person and possess legal title to at least fifty percent (50%) of the single family home, Mobilehome Space, Condominium unit, Duplex, and/or Triplex at issue, or be a beneficiary with an interest of at least fifty percent (50%) in a trust that owns same.

• Condominium unit rental rates are based on availability and will vary based on resort, season, and unit size.

• Condominium unit owners essentially own airspace within a building, whereas homeowner association members own a parcel of real property or land.

• The $12.6 million credit for cultural buildout represents the amount Harlem CDC would agree to credit Developer for the design and construction of improvements to Cultural Condominium unit with a cost or independent valuation of $12.6 million, in accordance with the Ground Lease and related Project documents.

More Definitions of Condominium unit

Condominium unit means a unit together with the undivided interest in the

Condominium unit means a unit together with the undivided interest in the common elements appertaining to that unit.

Condominium unit means a unit together with the undivided interest in the common elements appertaining to that unit. (Cf. the definition of "unit," infra.)

Condominium unit means a unit together with the undivided interest in the common areas and facilities appertaining to that unit. Any reference in this chapter to a condominium unit includes both a physical unit together with its appurtenant undivided interest in the common areas and facilities and a time period unit together with its appurtenant undivided interest, unless the reference is specifically limited to a time period unit.

Condominium unit means that portion of a structure intended for separate ownership, intended for residential use, and established pursuant to the condominium act, 1978 PA 59, MCL 559.101 to 559.276. Condominium units within a qualified historic building may be held under common ownership.

Condominium unit. ’ means a portion of a condominium project designated for separate ownership;

Condominium unit means the same as that term is defined in Section 57-8-3.