UNQUALIFIED PROPERTY definition
UNQUALIFIED PROPERTY means the Property comprising a multifamily apartment project the fee simple interest in which is not 100% owned or leased, directly or indirectly, by Borrower and/or its Wholly Owned Subsidiaries.
UNQUALIFIED PROPERTY means the Property comprising a multifamily apartment project the fee simple interest in which is not 100% owned, directly or indirectly, by Borrower and/or its Wholly Owned Subsidiaries.