Value of the building definition

Value of the building means the monetary value assigned to a building by an independent real estate appraiser or as otherwise reasonably established by the recipient.
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Value of the building means the monetary value assigned to a building by an independent real estate appraiser or as otherwise reasonably established by the recipient or subrecipient.ITEM 5. Amend rule 265—41.3(16) as follows: 265—41.3(16) Eligible applicants. City governments, county governments, local public housing authorities, instrumentalities of government, and private, nonprofit organizations are eligible applicants under the SAF program. City or county governments may apply on behalf of a nonprofit service provider within their jurisdictions when the nonprofit service provider serves homeless and near-homeless clients by providing overnight shelter, meals, clothing, transportation, counseling, child care, legal services, medical services, transitional housing services, and other related services for homeless individuals and families.ITEM 6. Amend rule 265—41.4(16) as follows: 265—41.4(16) Eligible activities. Activities assisted by the SAF Eligible activities may include the following, where the activities are necessary to assist program participants:
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Value of the building means the reinstatement costs of the building for insurance purposes at the time immediately before the renovation of the building is commenced.]
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Examples of Value of the building in a sentence

  • The maximum amount of building coverage that can be purchased on a high-rise or low-rise condominium is the Replacement Cost Value of the building or the total number of units in the condominium building times $250,000, whichever is less.

  • A market valuation (Quotable Value) of the building is preferred but if this is not available, a Rateable Valuation (RV) is acceptable.

  • This plan was provided as an Appendix to the Transport Statement, and the Recycling and Refuse Team have subsequently commented that the details are satisfactory.

  • The sum of the identified deficiencies (in dollars) divided by the estimated Current Replacement Value of the building.

  • Definition In this method of valuation building portions being valued separately after allowing depreciation and the land is valued separately and their added to get the present value of the property: Present Value of the Property = Value of the building + Value of the land + Value of the amenities & services.

  • If an existing non-conforming building is damaged by fire or other Act of God and the building is thereafter proposed to be restored, altered or remodeled at cost in excess of fifty (50) percent of the Fair Market Value of the building before the damage was incurred, the building shall conform to the requirements for new buildings in the district in which it is located.

  • Value of the building (if you do not own the building, provide estimate of occupied structure): $ 41.

  • Value of the building: The College have confirmed that the market value of the building has been estimated by the Council to be in the region of £375,000 in its existing condition assuming use would be for offices.

  • A substantial addition is defined as an improvement valued in excess of 50% of the Market Value of the building, as determined by the real estate tax statement for the parcel exclusive of the value of the land, or an expansion of the foundation area of the existing principal building by more than 50%.

  • Operator may only procure and maintain limits below the maximum available flood insurance limits if the Replacement Value of the building and its contents are less than the maximum available flood insurance limits.


More Definitions of Value of the building

Value of the building means the monetary value assigned to a building by an independent real estate appraiser or otherwise reasonably established by the state. 150:40-1-3. Grant requests [REVOKED]
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Value of the building means the reinstatement costs of the building for insurance purposes.
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Related to Value of the building

  • the Building means any building of which the Property forms part.

  • Building Area means the greatest horizontal area of a building within the outside surface of the exterior walls.

  • Base Building shall include the structural portions of the Building, the public restrooms and the Building mechanical, electrical and plumbing systems and equipment located in the internal core of the Building on the floor or floors on which the Premises are located. Tenant shall promptly provide Landlord with copies of any notices it receives regarding an alleged violation of Law. Tenant shall comply with the rules and regulations of the Building attached as Exhibit E and such other reasonable rules and regulations adopted by Landlord from time to time, including rules and regulations for the performance of Alterations (defined in Section 9).

  • Building system means plans, specifications and documentation for a system of manufactured factory-built structures or buildings or for a type or a system of building components, including but not limited to: structural, electrical, mechanical, fire protection, or plumbing systems, and including such variations thereof as are specifically permitted by regulation, and which variations are submitted as part of the building system or amendment thereof.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • the Premises means the building or part of the building booked and referred to in the contract

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Industrial Center and interior utility raceways within the Premises that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other lessees of the Industrial Center and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, sidewalks, walkways, parkways, driveways and landscaped areas.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Building Systems means any electrical, mechanical, structural, plumbing, heating, ventilating, air conditioning, sprinkler, life safety or security systems serving the Building.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Building site means a plot of land held for building purposes, whether any building is actually erected thereupon or not, and includes the open ground or courtyard enclosed by, or adjacent to, any building erected thereupon;

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Elevated Building means a non-basement building which has its lowest elevated floor raised above ground level by foundation walls, shear walls, posts, piers, pilings, or columns.

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Green building strategies means those strategies that minimize the impact of development on the environment, and enhance the health, safety and well-being of residents by producing durable, low-maintenance, resource-efficient housing while making optimum use of existing infrastructure and community services.

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Modular building means, but shall not be limited to, single and multifamily houses, apartment

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Building Drain means that part of the lowest horizontal piping of a drainage system which receives the discharge from soil, waste, and other drainage pipes inside the walls of the building and conveys it to the building sewer, beginning five (5) feet (1.5 meters) outside the inner face of the building wall.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • Outbuilding means and refer to structures such as (by way of example and not limitation) storage buildings, sheds, greenhouses, gazebos and other Roofed Structures.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Qualified building means a building built at least 30 years before the date of application, located within a designated downtown or, village center, or neighborhood development area, which, upon completion of the project supported by the tax credit, will be an income-producing building not used solely as a single-family residence. Churches and other buildings owned by religious organization may be qualified buildings, but in no event shall tax credits be used for religious worship.