Property Type definition

Property Type. Each of the following types of property:
Property Type means with respect to a Mortgage Asset, such Mortgaged Property’s classification as one of the following: multifamily, mobile home park, retail, office, industrial, hotel, self—storage facility, condominium, conversions or entitled land.
Property Type means either Single Family Residential Property, Apartment Property, Commercial Property – Less than 10,000 Square Feet, Commercial Property – Greater than 10,000 Square Feet, Taxable Contingent Property, or Tax-Exempt Property.

Examples of Property Type in a sentence

  • Pre-Approval Home Purchase Transfer of Mortgage Refinance/Equity Take - if yes, for what reason: Sales Price: Down Payment: Mortgage Amount: Date funds required: Property Details Address: Street Municipality Province Postal Code Legal Description: MLS Number: Property Type: Detached Apartment Duplex Rowhouse Other: Property Title: Freehold Leasehold Condominium/Strata Maintenance fee:$ /mo.


More Definitions of Property Type

Property Type means, with respect to a Mortgage Asset, such Mortgaged Property’s classification as one of the following: multifamily, retail, office, industrial, hotel or self–storage facility.
Property Type. 6: Altered buildings, structures, objects, districts, and sites that appear to be more than 30 years old Properties more than 30 years old that have been substantially altered may be exempted from evaluation. Such properties may include roads and highways with associated features other than bridges, and railroads with associated features other than buildings or bridges. However, altered properties should be documented if they are listed in a local survey of historical properties or if eligibility conclusions might be controversial. Property Type 7: Post-World War II builders’ houses and housing tracts Builders’ houses or tract houses (not including unique, architect-designed houses) and housing tracts constructed after World War II may be exempted from evaluation when sufficient historical research and reconnaissance survey have been conducted to determine that:
Property Type. Each of the following types of mortgaged property (each of which, for the avoidance of doubt, shall be considered commercial real estate property for purposes of this Indenture):
Property Type. Multifamily; for new construction and rehabilitation Loan Amount: Up to $40 million Interest Rate: Priced at the then current market rate Amortization: Up to 45 years Typically starts 30-42 months after closing. Bonds are subject to resizing upon stabilization. Resizing can be extended upon payment of extension fees. Term: Up to 45 years, but most bonds have matching call/put in 17-20 years. Debt Service Coverage: 1.10-1.15 Loan to Value: Up to 95% Recourse: Varies, but typically full recourse through stabilization. Prepayment: Typical lockout is 17-20 years. EXHIBIT I COMMERCIAL LOAN PROGRAM (NON-MULTIFAMILY LOANS) This program is designed to provide a short term financing alternative for transactions that are either stabilized, or in need of renovation/re-tenanting, or other value-added and redevelopment strategies. General program requirements are as follows:
Property Type. [Existing / Proposed / Single family residence / Condominium / Multi family residence - xx units / Manufactured home / Office - xx SF/ Retail - xx SF/ Industrial - xx SF / Vacant land / Subdivision – xx lots/ Agricultural land / Other] Interest to be Valued: [Description. For example: fee simple/leased fee/leasehold.]
Property Type. With respect to any Tax Lien, the related Property’s type, as listed on the related Tax Lien File. Each Property’s type may be either industrial, multifamily, office, retail, hotel, mixed-use, warehouse, or other.
Property Type. Land Number: Area: Property Value: Original Price: Studio 371 Al Barshaa South Third 458880 AED 458 880.00 AED Mortgage Status P A R T I E S Not Mortgage SELLER(S) Participant Name En: Participant Name Ar: DANUBE PROPERTIES DEVELOPMENT L.L.C م.م.ذ.ش يرΎệόϟا رϳوطΗϠϟ بوϧاد Type: Company Participant Number: 4919156 License #: 710590 Area: 39.27 Sq.M BUYER(S) Participant Name En: XXXXXX XXX XXXXX XXXXXXX Type: Person Participant Name Ar: دϣΣϣ دواد ϲϠϋ دϳϟو Nationality: Sudan Participant Number: 5323937 Area: 39.27 Sq.M UAE Id Number: 784198680432022 This Contract is Signed electronically and does not require office stamp or signature 77415/2018 ϊϳϗوΗ وأ مΗΧ ϲϟإ جΎΗΣϳ ϻو ΎϳϧورΗϛϟا ردΎλ دệόϟا اذϫ V O U C H E R S L I S T Number/Year: 125186/2018 Voucher Amount: 9198 AED Voucher Date: 10/10/2018 Receipt Number/Year: 119948/2018 Participant Name: DANUBE PROPERTIES DEVELOPMENT L.L.C Receipt Date: 10/10/2018 Number/Year: 125187/2018 Voucher Amount: 9198 AED Voucher Date: 10/10/2018 Receipt Number/Year: 119949/2018 Participant Name: XXXXXX XXX XXXXX Receipt Date: 10/10/2018 XXXXXXX The seller hereby agrees to sell(s) the above described property to the buyer(s) who is willing, as per the conditions stipulated in the sale agreement signed by the parties on <b>31/07/2018</b>. The buyer shall pay the installments as per the agreement signed between the parties. The seller(s) transfer the ownership of the said property and register same in the name of the buyer