enfranchised property definition

enfranchised property means any property in respect of which the following conditions are satisfied namely:
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enfranchised property means any property comprised in the estate of which the freehold interest shall have been acquired from the landlord for the time being or the successors in title of the landlord for the time being to that freehold interest (whether or not acquired pursuant to the Leasehold Reform Act 1967 and whether or not the persons so acquiring the freehold interest shall have been entitled to a leasehold interest in such property) other than the parts of the estate used in common by the occupiers thereof and “enfranchised properties” shall have a corresponding meaning.
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enfranchised property means any property forming part of the estate the freehold of which shall have been acquired from the Landlords by any other person whether pursuant to Part 1 of
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Related to enfranchised property

  • Leased Property shall have the meaning given such term in Section 2.1.

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Assessed Property means any Parcel within the District against which an Assessment is levied.

  • 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.

  • Foreclosed Property The Property or other Collateral securing the Mortgage Loan, title to which has been acquired by the Special Servicer on behalf of the Trust and the Companion Loan Holders through foreclosure, deed in lieu of foreclosure or otherwise in the name of the Trustee or its nominee.