Residential Stand definition
Residential Stand means all the land on the property on which residential dwellings have been erected or will be erected as determined by the company from time to time and also includes consolidated stands and notarially tied stands on which single residential dwellings have been or will be erected, whether they are presently improved or unimproved and include all buildings thereon;
Residential Stand means any residence and its surrounding land, also known as an “erf”;