Limited Use Property definition

Limited Use Property shall have the meaning set forth in Rev. Proc. 76- -------------------- 30, 1976-2 C.B. 647.
Sample 1Sample 2Sample 3
Limited Use Property shall have the meaning set forth in Revenue Procedure 76-30, 1976-2 C.B. 647.
Sample 1

Examples of Limited Use Property in a sentence

  • How the lease is treated under§ 467, including whether or not the un- even rent test of § 1.467–3(c)(4) is met, will not affect the ability of a taxpayer to obtain an advance ruling under this rev- enue procedure..02 Limited Use Property.

  • As discussed above, all traffic into and out of the Village and Eatons Neck must pass over Asharoken Avenue.

  • Unique, Special, or Limited Use Property: Unless otherwise stated above, a department556head having control or possession of property that is unique or special, dangerous to the public, or557is limited in its public use shall present a written list to the mayor or designee with a558recommendation to dispose, sell, or donate the property to another person or governmental agency559to use or dispose of.

  • Limited Use Property The IRS will not issue rulings concerning whether transactions are leases when the property is limited use property.

Related to Limited Use Property

  • Mixed-use property means an eligible property that includes three or more residential units and may also contain a commercial property component in the same building.

  • Mixed-use project means a project comprising both a qualified

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Limited common areas and facilities means those common areas and facilities

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • 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).

  • Residential building means a building containing one or more residential dwellings.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Adjacent Property means all land adjoining and surrounding the Stadium Site on which will be located any public streets, sidewalks, plazas, or bridges and any public or private parking facilities or other accoutrements to be developed by Authority or other parties in connection with the Project.

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • Project site, where applicable, means the place indicated in bidding documents.

  • Accessory Building means a detached building or structure, not used for human habitation that is subordinate to the primary use of the same property.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • the Land means the land on which the development would be carried out or, in relation to development already carried out, has been carried out;

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

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

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Industrial Center and interior utility raceways within the Premises that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other lessees of the Industrial Center and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways and landscaped areas.