UNIT INVENTORY definition
UNIT INVENTORY at any date shall mean all Housing Units owned by Borrower at such date (whether under construction or completed) which are not included in Unit Backlong or which are Models at such date.
Examples of UNIT INVENTORY in a sentence
UNIT INVENTORY GRANTEE shall utilize the CMIS housing inventory tool to manage the occupancy of units and update unit information as occupancy, or housing inventory, changes.