Rents from Real Property definition

Rents from Real Property. With respect to any REO Property, gross income of the character described in Section 856(d) of the Code.
Rents from Real Property means, with respect to any REO Property, income of the character described in Section 856(d) of the Code.
Rents from Real Property. With respect to the Foreclosed Property, gross income of the character described in Section 856(c)(3)(A) of the Code.

Examples of Rents from Real Property in a sentence

  • Rents from Real Property Rents from real property satisfy both the 75 percent and 95 percent tests for REIT qualification only if several conditions are met.

  • Payments Attributable to Mogul's Acquisition of Certain Personal Property Will Not Be Treated as "Rents from Real Property" Article 4.7 of the Lease provides that Mogul will be deemed to have acquired all of the furniture, fixtures and operating equipment associated with the Hotel Property (the "FF & E") with the proceeds of a loan from the Operating Partnership.

  • Payments Attributable to Mogul's Deemed Acquisition of Certain Personal Property Will Not Be Treated as "Rents from Real Property" Article 4.7 of the Original Lease provided that Mogul was to be deemed to have acquired all of the furniture, fixtures and operating equipment associated with the Hotel Property (the "FF & E") with the proceeds of a loan from the Operating Partnership.

  • Rents Attributable to Personal Property Will Be Treated as "Rents from Real Property" The rents attributable to Funding II's personal property leased under or in connection with the Lease must not be greater than 15 percent of the rents received under the Lease.

  • Rents Attributable to Personal Property Will Be Treated as "Rents from Real Property" As noted above, the rents attributable to the Operating Partnership's personal property leased under or in connection with the Lease must not be greater than 15 percent of the rents received under the Lease.


More Definitions of Rents from Real Property

Rents from Real Property has the meaning given such term in Section 856(d) of the IRC.
Rents from Real Property. With respect to any REO Property (other than any REO Property to the extent related to a Non-Serviced Mortgage Loan), gross income of the character described in Section 856(d) of the Code, which income, subject to the terms and conditions of that Section of the Code in its present form, does not include:
Rents from Real Property. With respect to any REO Property, gross income of the character described in Section 856(d) of the Code as being included in the term “rents from real property.” REO Imputed Payment: As to any REO Property, for any calendar month during which such REO Property was at any time part of the Trust Fund, an amount equal to the scheduled Monthly Payment that would have been due on the related Mortgage Loan were such Mortgage Loan still outstanding, after giving effect to any adjustment of the Mortgage Rate, if applicable. REO Property: Loan Collateral acquired by the Trustee, or by the Master Servicer or any Servicer (or agent or nominee thereof) on behalf of the Trustee, through foreclosure or deed-in-lieu of foreclosure or otherwise in connection with a defaulted Mortgage Loan.
Rents from Real Property. The meaning given to such term in Section 3.12(c).
Rents from Real Property. With respect to any REO Property relating to a Multifamily Loan or Sub-Pool 1 Mixed Use Loan, gross income of the character described in Section 856(d) of the Code.
Rents from Real Property. With respect to any REO Property, gross income ------------------------ of the character described in Code section 856(d) and Treasury regulations thereunder.
Rents from Real Property. With respect to any REO Property, gross income of the character described in Section 856(d) of the Code as being included in the term “rents from real property.” “REO Account”: Each of the accounts maintained by the Servicer in respect of an REO Property pursuant to Section 3.13, which account may be the Collection Account subject to Section 3.13. “REO Disposition”: The sale or other disposition of an REO Property on behalf of XXXXX X.