Qualified residential property definition

Qualified residential property means a dwelling house, a
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Qualified residential property means any building used or to be used or held for use as a home or residence, including accessory buildings located on the same premises and including condominiums, cooperatives and horizontal property regimes. No building shall be considered a qualified residential property if the certificate of occupancy for the construction, conversion, rehabilitation or renovation was issued on or before the date falling 30 months prior to the effective date of this act.
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Qualified residential property means: a dwelling house; a condominium unit under the form of real property ownership provided for under the “Condominium Act,” P.L.1969, c.257 (C.46:8B-1 et seq.); a unit in a cooperative or mutual housing corporation; a unit in a horizontal property regime under the form of real property ownership provided under the “Horizontal Property Act,” P.L.1963, c.168 (C.46:8A-1 et seq.); a unit in a continuing care retirement community; or a manufactured home that is taxable as real property or that is installed in a mobile home park.
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Examples of Qualified residential property in a sentence

  • The offset of costs, reimbursements, or other costs transferred from the Qualified residential property owner or Qualified small business to others.

  • The Participating Financial Institution's certification that the loan is a Qualified Loan, and that the property owner receiving the Qualified Loan is a Qualified small business, Qualified residential property owner, or Qualified commercial property owner.

  • The Participating Financial Institution’s certification that the loan is a Qualified Loan, and that the property owner receiving the Qualified Loan is a Qualified small business, Qualified residential property owner, or Qualified commercial property owner.


More Definitions of Qualified residential property

Qualified residential property means residential property in the Town of Jasper which is zoned R1 or R2 in the Jasper Community Plan 2001 as amended and which is owned by a Qualified Taxpayer;
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Related to Qualified residential property

  • Residential property means improved property that:-

  • 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.

  • Qualified building means a building built at least 30 years before the date of application, located within a designated downtown or, village center, or neighborhood development area, which, upon completion of the project supported by the tax credit, will be an income-producing building not used solely as a single-family residence. Churches and other buildings owned by religious organization may be qualified buildings, but in no event shall tax credits be used for religious worship.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

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

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.