PACE Assessment means a special assessment made against qualifying property in consideration of PACE Funding.
PACE Assessment or "assessment" means the special assessment placed on a
PACE Assessment means the special assessment placed on a PACE property in
Examples of PACE Assessment in a sentence
The C- PACE Assessment payments shall be a separate clearly defined line item and shall be due on the same dates as the County’s real property taxes.
The sum of all debt secured by the subject property, the new PACE Assessment and all involuntary liens as described herein must not exceed the subject property’s market value.
If there is no existing debt on the property, the value of the PACE Assessment may be up to 35% of the property value.
Upon closing, the PACE Assessment Memorandum will be recorded and the property will be subject to a Special Assessment.
This table does not consider simple or modified payback as well as any pre-payment penalties (if any) that the homeowner would have to pay if the PACE Assessment is paid off early.
More Definitions of PACE Assessment
PACE Assessment means a voluntary contractual assessment, voluntary special tax, or special tax, as described in subdivisions (a), (b), and (c) of Section 26054 of the Public Resources Code.
PACE Assessment means a given annual PACE Assessment levied as an Assessment pursuant to Section 13-3205(7) of the Act.
PACE Assessment or "assessment" means the special assessment placed on a PACE property owner's property tax or other special assessment xxxx, to be collected by the PACE municipality in which that PACE property is located and remitted to the RIIB or lender that has financed that PACE project. The PACE assessment shall be owed by the current owner of the related PACE property as of the time each PACE assessment comes due. In the event of a transfer of ownership, all PACE assessments coming due after the date of the transfer, by foreclosure or otherwise, shall be owed by the transferee.
PACE Assessment or "assessment" means the special assessment placed on a PACE property owner's property tax or other special assessment bill, to be collected by RIIB on behalf of the PACE municipality in which that PACE property is located and remitted to the RIIB or lender that has financed that PACE project. The PACE assessment shall be owed by the current owner of the related PACE property as of the time each PACE assessment comes due. In the event of a transfer of ownership, all PACE assessments coming due after the date of the transfer, by foreclosure or otherwise, shall be owed by the transferee.
PACE Assessment means the non-ad valorem assessment securing repayment of financing offered to a property owner for a qualifying improvement.
PACE Assessment means a special assessment made against qualifying property in consideration of PACE funding.