Lot Owner definition

Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

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Lot Owner means one or more persons who own a lot, including any purchaser of a lot at a

Lot Owner means one or more persons who own a lot, including any purchaser of a lot at a foreclosure sale, regardless of whether the deed is recorded in the land records where the lot is located. "Lot owner" does not include any person holding an interest in a lot solely as security for a debt.

Examples of Lot Owner in a sentence

However, no Lot Owner shall have the obligations imposed on the Owner as the developer of the Project under this Agreement.
There shall be no transfer or assignment of any of the rights or obligations of the Individual Lot Owner under this Agreement without the prior written approval of the Town.
While the lien for assessments may be extinguished, the personal indebtedness therefor shall remain and be the personal obligation of the Lot Owner who owned the lot when the assessment came due.
In the event the Individual Lot Owner fails to complete the Site Completion Improvements by the Completion Date, the Individual Lot Owner acknowledges and agrees that the Town shall have all of the remedies described in Subsection 13.10.180(d) of the Code.
The Individual Lot Owner understands that the Town is relying on such representations and warranties in entering into this Agreement.

More Definitions of Lot Owner

Lot Owner means any person, persons, or other entity registered, from time to time, as a proprietor or owner of an estate at the Situation in terms of the Strata Schemes Management Act, Strata Titles Act, Community Titles Act or similar legislation applying where the Equipment is located.

Lot Owner means the same as that term is defined in Section 57-8a-102.

Lot Owner or "Owner" shall mean the owner of record, whether one or more persons or entities, of the fee simple title to any Lot which is part of Secret Cove excluding, however, those persons having such interest, merely as security for the performance of an obligation.

Lot Owner means any person, persons, or other entity registered, from time to time, as a proprietor or

Lot Owner or “Owner” shall mean each person or entity who is a recorded Owner of a fee or undivided fee interest in any Lot located within the Property; provided, however, that in the event of the recording of a contract for the sale of a Lot, the contract purchaser shall be deemed the Lot Owner; and provided further that in the event a fee interest of record in hold merely for the security of the performance of an obligation, then the obligor in possession shall be deemed the Lot Owner.

Lot Owner or “Owner” means the person, or legal entity, or the combination thereof, including contract sellers, holding the record fee simple or perpetually renewable leasehold title to a Lot in the Property, as the Lot is now or may from time to time hereafter be created or established. If more than one person, or other legal entity or any combination thereof, holds the record title to any Lot, all of them shall be deemed a single record owner and shall be a single member of the Association by virtue of their ownership of the Lot. The term “Lot Owner” or “Owner,” shall not mean

Lot Owner means a person appearing as an owner of a lot in the