Housing Unit definition

Housing Unit means a single-family attached or detached dwelling (including without limitation a condominium or townhome), including the Lot on which such dwelling is located, for which a building permit has been issued and construction has begun and that is or will be available for sale by the Borrower or any Subsidiary Guarantor. Each “Housing Unit” is a Presold Housing Unit, a Speculative Housing Unit or a Model Housing Unit.
Housing Unit means living accommodations that are intended for occupancy by up to 4 families, with a separate dwelling unit for each family, that may be site constructed or may be a mobile home or other form of manufactured housing, and with respect to which either of the following applies:
Housing Unit is either a Presold Unit, a Spec Unit or a Model Unit.

Examples of Housing Unit in a sentence

  • Any financial contribution to be paid under Clauses [insert financial contribution clauses] of this Agreement shall be considered to have fallen due for the purposes of Clause 8.1 on the Payment Date following Completion of the relevant Housing Unit.

  • On each Payment Date, the Proprietor shall pay to the Council one Education Contribution in respect of each Housing Unit Completed since the immediately preceding Payment Date.

  • On each Payment Date, the Proprietor shall pay to the Council one Play Contribution in respect of each Housing Unit Completed since the immediately preceding Payment Date.

  • No Housing Unit shall be Completed by the Proprietor in any Annual Period until the Play Contributions for the preceding Annual Period have been paid to the Council in accordance with the terms of Clause 6.2. The Council shall put the Play Contribution towards the provision of upgrading existing play areas and/or constructing new play areas in the locality of the Development and towards no other purpose.


More Definitions of Housing Unit

Housing Unit means a house, an apartment or a mobile home, or a group of rooms or a
Housing Unit means a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied as separate living quarters, in which the occupants live and eat separately from any other persons in the building and which have direct access from the outside of the building or through a common hall.
Housing Unit means a single-family dwelling (where construction has commenced), whether detached or attached (including condominiums but excluding mobile homes), including the parcel of land on which such dwelling is located, that is or will be available for sale by the Borrower or a Guarantor. The construction of a Housing Unit shall be deemed to have commenced upon commencement of the trenching for the foundation of the Housing Unit. Each “Housing Unit” is either a Presold Unit, a Spec Unit or a Model Unit.
Housing Unit means a house, an apartment, a mobile home, a
Housing Unit means housing accommodation intended for individual or family use;
Housing Unit means a detention area. This area may be a single occupancy cell, multiple occupancy cell, cellblock, or dormitory.
Housing Unit means a detached or attached (including townhouse condominium or condominium) single-family house (but excluding mobile homes) owned by the Borrower or a Subsidiary of the Borrower (i) which is completed or for which there has been a start of construction and (ii) which has been or is being constructed on any Real Estate which immediately prior to the start of construction constituted a Real Property Inventory hereunder.