Occupied property definition

Occupied property means "builders risk property" that is occupied in whole or in part, or put to its intended use prior to the final acceptance by the owner of that property. The orientation or training of building management staff, the training of plant engineering and maintenance personnel, the establishment of a sales or rental office or the completion of tenant fit out work shall not be considered occupancy.

Occupied property means a residential property with a structure on which any person, including an owner, operator, or tenant, but not a trespasser, lives, sleeps, cooks or otherwise maintains actual possession.

Occupied property means "builders risk property" that is occupied in whole or in part, or put to its intended use prior to the final acceptance by the owner of that property.

Examples of Occupied property in a sentence

• If leases are unavailable at the time of signing, use the Tenant Occupied Property Addendum (PAR Form TOP).

• TxDOT will provide, or cause to be provided, relocation benefits for (1) Owners who participate in the Acquisition Program (except homeowners who elect to retain a life estate waive their rights to any relocation benefits), (2) Tenants of an Owner Occupied Property or Residential Rental Property in which the Owners participate in the Acquisition Program, and (3) Businesses who participate in the Acquisition Program.

• For an Owner Occupied Property, the offer shall also give the Owner the right to retain a life estate in the property.

• TxDOT will ensure that to each eligible Owner of Owner Occupied Property in the Neighborhood will be made an offer to purchase a covenant that permanently prohibits the use of the property for residential purposes upon any future conveyance of the property, and an option to purchase the property for its then appraised value if the Owner elects to sell the property or upon the death of the Owner, whichever occurs first.

• Notwithstanding anything to the contrary contained in the Voluntary Restrictive Covenant Program, if the Eligible Homeowners accept the Port’s offer to buy an Owner Occupied Restrictive Covenant and Option on their Owner Occupied Property, the Port may assign its contractual obligation to purchase the Owner Occupied Restrictive Covenant and/or Option to a third party of the Port’s choosing.

More Definitions of Occupied property

Occupied property means property on which there is a building for which a certificate of occupancy has been issued.

Occupied property means "builders risk property" occupied in whole or in part, or put to its intended use prior to the final acceptance by the owner of that property. The orientation or training of building management staff, the training of

Occupied property means "builders risk property" occupied or put to its intended use prior to the final acceptance by the owner of that property.

Occupied property means any Employer’s Property included under the Contract and which at the time of execution of the Works, is legally inhabited by the Employer’s rent paying tenants, lessees, residents and/or others.

Occupied property or "occupied premises" means a premises on which any person over one year of age, including an owner or operator, lives, sleeps, cooks or otherwise maintains actual possession.

Occupied property means any commercial, institutional or residential property upon which a building exists and is in use. “Town” shall mean the Town of Lamont.

Occupied property means one of the following conditions apply: