Residential condominium unit definition

Residential condominium unit means a "residential unit" as defined in section 5311.01 of the Revised Code.
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Residential condominium unit means a condominium unit arranged, designed, used or intended to be used primarily for residential occupancy.
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Residential condominium unit means a physical portion of a Residential Condominium designated for separate ownership or occupancy.
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Examples of Residential condominium unit in a sentence

  • Residential condominium unit or residential stock cooperative unit.

  • Example 4: Residential condominium unit (or Cooperative Apartment).

  • This can occur in high rent areas, where purchasers do not intend to occupy the premises, but purchase for its income-generating ability and the expectation of a capital gain.(c) Residential condominium unit (Strata title unit)Primary Approach - Direct Comparison Approach.

  • Subsection (4) of section 627.714, Florida Statutes, is amended to read:627.714 Residential condominium unit owner coverage; loss assessment coverage required.—(4) Every individual unit owner’s residential property policy must contain a provision stating that the coverage afforded by such policy is excess coverage over the amount recoverable under any other policy covering the same property.

  • Residential Condominium Unit and Equipment for Rent Residential condominium unit and equipment for rent are stated at cost less accumulated depreciation and allowance for impairment.


More Definitions of Residential condominium unit

Residential condominium unit. Each individual condominium unit (including, but not limited to, any appurtenant interest in the common elements) in the Residential Property created by the submission thereof to the provisions of the Condominium Act (all such condominium units shall be referred to collectively as the “Residential Condominium Units”).
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Residential condominium unit means a residential condominium unit as defined in subsection 123(1) of the Excise Tax Act (Canada);
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Residential condominium unit means a residential condominium unit as defined in subsection 123(1) of the Excise Tax Act (Canada) that is situated in the Province;
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Residential condominium unit means a Residential Unit included as part of a Condominium Building.
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Residential condominium unit means a building registered under the Condominium Act, Cap. 224A, but does not include a building or part of a building where units in the building are occupied for periods of continuous possession or use of less than 60 days;
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Residential condominium unit means a "residential unit" as
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Residential condominium unit means the elements of a residential condominium which are not owned in common with the owners of other condominiums in the project. (Ord. 822 §1, 1989)
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