Developed Residential Property definition

Developed Residential Property means all Assessor Parcels of Developed Property for which a Building Permit has been issued prior to April 1 of the preceding Fiscal Year for construction of a Residential Unit.
Developed Residential Property means a parcel of Developed Property containing a single residence or dwelling unit (with accessory uses related to but subordinate to residential use). Dormitories and other housing units owned by a college and located within a college campus enclave are considered “Developed Nonresidential Property.”
Developed Residential Property means a developed lot or parcel containing at least one (1) dwelling unit, common areas, and accessory uses related to but subordinate to the purpose of providing permanent dwelling facilities. Such property may include, but is not limited to, single-family houses, duplexes, apartments, townhouses, condominiums, and mobile homes.

Examples of Developed Residential Property in a sentence

  • Households that desire to acquire Other Developed Residential Property after taking ownership of a Housing Unit must be granted an Exception prior to taking ownership of the Other Developed Residential Property.

  • Prior to purchasing the Housing Unit, the Household must make an application to THA according to the Exceptions Procedure provisions of Section108.2 below for consideration by THA of the terms under which rental or sale of Other Developed Residential Property shall be allowed.

  • Agricultural Property.(b) The monthly Utility Fee for Developed Residential Property shall equal the ERU Rate.

  • Commencing with Fiscal Year 2012-13, and for each subsequent Fiscal Year, the Board shall determine the Special Tax Requirement and shall levy the Annual Special Tax on each Assessor's Parcel of Developed Residential Property at one hundred percent of the applicable Maximum Special Tax to fund the Special Tax Requirement.

  • TABLE 1Maximum Special Tax Ratesfor Developed Residential Property per Dwelling Unit* Fiscal Year 2020-2021 Land Use Category * The analysis performed to establish the Special Tax per DU shown above only considered the impacts from property within the current City boundary.

  • Subject to the preceding, the amount of Annual Special Tax levied upon any Developed Residential Property and Undeveloped Property in any Fiscal Year shall not exceed the Maximum Special Tax for such Fiscal Year as computed herein.

  • Commencing with the Base Year, and for each subsequent Fiscal Year, the City Council shall determine the Special Tax Requirement and shall levy the Annual Special Tax on each Assessor’s Parcel of Developed Residential Property at up to 100% of the applicable Maximum Special Tax to fund the Special Tax Requirement.

  • Commencing with the Base Year, and for each subsequent Fiscal Year, the Council shall determine the Special Tax Requirement and shall levy the Annual Special Tax on each Assessor’s Parcel of Developed Residential Property at up to one hundred percent of the applicable Maximum Special Tax to fund the Special Tax Requirement.

  • The Annual Special Tax obligation of an Assessor's Parcel of Developed Residential Property; or an Assessor's Parcel of Undeveloped Property for which a Building Permit has been issued may be prepaid in full, provided that there are no delinquent Special Taxes, penalties, or interest charges outstanding with respect to such Assessor’s Parcel at the time the Annual Special Tax obligation would be prepaid.


More Definitions of Developed Residential Property

Developed Residential Property means all Assessor Parcels of Developed Property for which a Building Permit has been issued prior to April 1 of the preceding Fiscal Year for construction of a Residential Unit. These Assessor’s Parcels may be further classified into one of the following groups: Single Family Detached, Single Family Attached, and Multi-Family Residential.
Developed Residential Property means, in any Fiscal Year, all Parcels of Taxable Property for which a use permit or building permit for new construction of a residential structure was issued prior to June 30 of the preceding Fiscal Year.
Developed Residential Property means a developed property containing at least one (1), but no more than four (4), dwelling unit, accessory structure, or other improvement. Such properties shall include, but not be limited to, those with single family houses, condominiums, duplexes, triplexes, quadruplexes, townhouses and manufactured homes (that are not located in a manufactured home park), sheds, garages, and other accessory structures.
Developed Residential Property means a developed lot or parcel containing at least one (1) but no more than four (4) residences or dwelling units, and accessory uses related to but subordinate to the purpose of providing permanent dwelling facilities. Such property may include, but is not limited to, houses, duplexes, triplexes, quadruplexes, townhouses and mobile homes.

Related to Developed Residential Property

  • Residential property means improved property that:-

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Residential Project means a redevelopment project that is

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Commercial project means any project, including, but not

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Retail Property means each Property listed on Part I of Schedule 6.1.(f) hereto as a Retail Property and any other Property, a substantial use of which is the retail sale of goods and services, which may include a Property that is part of a Mixed-Use Project.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Developed Land means all Developable Land of the Company and its Restricted Subsidiaries which is undergoing active development or is ready for vertical construction.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Environmental Infrastructure Facilities means Wastewater Treatment Facilities, Stormwater Management Facilities or Water Supply Facilities (as such terms are defined in the Regulations).