Condominium hotel means an establishment consisting of one or more buildings that includes:
Condominium hotel means one or more condominium units that are operated as a hotel.
Condominium hotel means a building constructed, maintained, operated and managed as a hotel in which each room is individually owned and in which some or all of the rooms are available for rent, sublet or lease and where the structure, common areas and facilities are owned by all the owners on a proportional, individual basis.
Examples of Condominium hotel in a sentence
Condominium, hotel and condohotel lots must build a minimum of one parking space for each two “hotel keys” inside their lot, thus avoiding having to park on the public roads.
Condominium hotel: From 6:00 a.m. to 2:00 a.m. the following day.
Condominium hotel operator concerns and issues - AGO to review and provide advisement by next CCRC meeting.
Loans secured by Units within the following types of projects are not eligible for FHA insurance: Cooperative ownership; Condominium hotel or condotel;Mandatory rental pooling agreements that require Unit owners to either rent their Units or give a management firm control over the occupancy of the Units; and Timeshare or segmented ownership projects.
More Definitions of Condominium hotel
Condominium hotel means a hotel in which the guest rooms may be placed in a rental pool or rental program and some or all of the guest rooms are financed by virtue of a lease, whole ownership condominium regime, strata title, or any similar regime. Licensed Residential Projects operating under the “Grand Residences by Marriott” or “Xxxx-Xxxxxxx Residences” names shall not be deemed to be Condominium Hotels for the purposes of this Agreement.
Condominium hotel means a Hotel comprised of condominium units which allows owners of such units to place their units into a rental program managed by Starwood (or its designee), pursuant to which the units are rented for use as Hotel room inventory.
Condominium hotel means a hotel in which hotel units are designated for separate ownership and the remainder of which is designated for common ownership solely by the owners of the hotel units subject to a condominium property regime.”
Condominium hotel means a hotel in which one or more hotel units are designated for separate real property interests created by a declaration of condominium property regime. separate ownership and the remainder of which is designated for common ownership solely by the owners of the hotel units subject to a condominium property regime.”
Condominium hotel means a facility providing overnight visitor accommodations where ownership of at least some of the individual guestrooms (units) within the larger building or complex is in the form of separate condominium ownership interests, as defined in California Civil Code section 1351(f). The primary function of the Condominium-Hotel is to provide overnight transient visitor accommodations within every unit that is available to the general public on a daily basis year-round, while providing both general public availability and limited owner occupancy of those units that are in the form of separate condominium ownership interests.