Examples of Eligible Residence in a sentence
No Services will be provided if the Authorized Repair Technician is prevented from entering an Eligible Residence due to the presence of animals, insects, unsafe conditions, or if the equipment is not easily accessible, or is located outside of the permanent foundation of the Eligible Residence.
To calculate the Base Payment Amount for a Claimant who resided at more than one Eligible Residence, the Base Payment Amounts would be calculated separately for each Eligible Residence and then summed.
A residence intended to be used in a trade or business (other than the rental of units not occupied by the Mortgagor in a 2 to 4 unit residence) is not an Eligible Residence unless otherwise permitted by MaineHousing in accordance with § 143 of the Internal Revenue Code.
For example, if the Tenure of Residence for an Eligible Residence was March 1, 2008 to September 30, 2010, the Successful Claimant would be awarded 306/366 of the amount stated for 2008 (a leap year), 100 percent of the amount stated for 2009, and 273/365 of the amount stated for 2010.
As noted above, if a Claimant files a Claim Form for a residence within the Class Area boundary that was not already listed on the Settlement Calculator Spreadsheet, the Settlement Administrator shall confirm that the residence is an Eligible Residence under the Settlement Agreement and add it to the Calculator.