Occupied real property definition

Occupied real property means any of the following:
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Occupied real property means all of the following:
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Occupied real property means real property that is owned, leased, or otherwise occupied by a person claiming the exemption or by an affiliated person, and can be part of a parcel of real property; a single parcel of real property; or contiguous parcels of real property that host a single, integrated business operation engaged primarily in industrial processing, direct integrated support, or both.
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Examples of Occupied real property in a sentence

  • Occupied real property in default shall be inspected by the mortgagee, or said mortgagee's designee, monthly until the mortgagor or other party remedies the default.

  • Occupied real property in default which becomes vacant shall be inspected by themortgagee or said mortgagee's designee at weekly inspections to verify compliance with therequirements of this section and any other applicable laws or Town ordinances.


More Definitions of Occupied real property

Occupied real property is defined in Section 3.14(b).
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Related to Occupied real property

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Real Property of any Person shall mean all the right, title and interest of such Person in and to land, improvements and fixtures, including Leaseholds.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.