Improved Lot definition

Improved Lot means any Lot upon which is located, found, placed, or constructed any Improvement. As applied to an Improved Lot, “Improvement” means all buildings, streets, roads, driveways, parking areas, fences, retaining and other walls, hedges, poles, docks, antennas and any other structure of any type or kind.

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Improved Lot means each tax parcel of land that has located thereon improvements such as a building, garage, shed, storage facility, or any other type of structure providing housing, storage, or any type of service of use. Improved Lots may have located thereon Residential Unit(s) and/or Non- Residential Unit(s).

Improved Lot means a Lot upon which a Residence has been constructed and such Residence is occupied by the Owner or its tenants.

Examples of Improved Lot in a sentence

• The sale of the Property covered by this Agreement is intended to be made pursuant to the Improved Lot Exemption and to comply with the requirements of the Improved Lot Exemption and shall be construed consistent with the Improved Lot Exemption.

• If, for any reason, the sale of the Property covered by this Agreement does not qualify for the Improved Lot Exemption, then in such case only, the sale of the Property shall be intended to be made pursuant to the Condominium Exemption and to comply with the requirements of the Condominium Exemption and shall be consistent with the Condominium Exemption.

• This Agreement, when recorded, shall be binding upon the Parties and their successors and assigns as permitted by this Agreement and upon the Property; however, this Agreement shall not be binding upon, and shall not constitute any encumbrance to title as to, any End-Buyer of a Fully Developed and Improved Lot except for land use and development regulations that apply to such lots.

• In addition to any other remedy provided in this Agreement, any End User of a Fully Developed and Improved Lot within the Property, as well as the POA, shall have the right to enforce the Annexation Services Agreement through specific performance.

• No disbursements for the construction costs of any Improved Lot or Unit shall be made unless the Bank is satisfied that the construction of such Improved Lot or Unit can reasonably be completed not later than sixty (60) days prior to the Maturity Date.

More Definitions of Improved Lot

Improved Lot means and refer to a lot upon which there has been constructed a residential unit for which a valid certificate of occupancy has been issued by applicable governmental authorities.

Improved Lot means a Lot as to which: either (A) (i) a graded pad has been substantially completed and (ii) infrastructure, roadway access and stubouts for utilities have been substantially completed to the Lot’s boundary or (B) the purchaser of such Lot has purchased such Lot subject to the completion of the items in clause (A) by WBKD.

Improved Lot. , when used herein, shall mean and refer to a parcel of land with a lateral extending into the property line.

Improved Lot means a Lot upon which there has been constructed a townhouse unit or single family unit for which a valid Certificate of Occupancy has been issued by applicable Governmental authority.

Improved Lot means any of the following Lots: Lots 1 – 17, inclusive, 34, 39 – 42, inclusive, and 44 - 59, inclusive as shown on the Heritage Map.

Improved Lot means a Lot with a residence constructed upon it that has received its Certificate of Occupancy and that has been conveyed to a third party purchaser.

Improved Lot means a lot that has a substantially completed