owner-occupied unit definition
owner-occupied unit means a unit of an owner who is entitled to vote in respect of the unit at a meeting to elect or to remove a director where the unit is used for residential purposes and the owner has not leased the unit within the 60 days before notice is given for the meeting, as shown by the record that the corporation is required to maintain under subsection 83 (3). 1998, c. 19, s. 51 (5).
owner-occupied unit means a unit that is the primary residence of its owner.
owner-occupied unit means a unit of an owner who is entitled to vote in respect of the unit at a meeting to elect or to
More Definitions of owner-occupied unit
owner-occupied unit means a unit of an owner who is entitled to vote in respect of the unit at a meeting to elect or to remove a director where the unit is used for residential purposes and the owner has not leased the unit within 60 days before notice is given for the meeting and where, at the time of the notice, the unit is either vacant or is occupied by at least one of the registered owners, the owner’s spouse or a parent, child, or grandchild thereof and the owner has not leased the unit within the 60 days before notice is given for the meeting, as shown by the record that the corporation is required to maintain under subsection 83(3).”