Residential condominium definition

Residential condominium means a condominium consisting of two or more units, any of which are intended for use as a private temporary or permanent residence, except that a condominium is not a residential condominium if the use for which the units are intended is primarily commercial or industrial and not more than three units are intended to be used for private residence, and are intended to be used as housing for maintenance, managerial, janitorial, or other operational staff of the condominium. With respect to a condominium that is not a timeshare condominium, a residential unit includes a unit intended as a private temporary or permanent residence as well as a unit not intended for commercial or industrial use. With respect to a timeshare condominium, the timeshare instrument as defined in s. 721.05(35) shall govern the intended use of each unit in the condominium. If a condominium is a residential condominium but contains units intended to be used for commercial or industrial purposes, then, with respect to those units which are not intended for or used as private residences, the condominium is not a residential condominium. A condominium which contains both commercial and residential units is a mixed-use condominium and is subject to the requirements of s. 718.404.
Residential condominium means a condomin- ium consisting of two or more units, any of which are intended for use as a private temporary or permanent residence, except that a condominium is not a residen- tial condominium if the use for which the units are intended is primarily commercial or industrial and not more than three units are intended to be used for private residence, and are intended to be used as housing for maintenance, managerial, janitorial, or other operational staff of the condominium. With respect to a condomin- ium that is not a timeshare condominium, a residential unit includes a unit intended as a private temporary or permanent residence as well as a unit not intended for commercial or industrial use. With respect to a time- share condominium, the timeshare instrument as de- fined in s. 721.05(35) shall govern the intended use of
Residential condominium means an estate in real property consisting of an undivided common interest in a portion of a parcel of real property together with a separate interest in a living unit of the residential multiple unit.

Examples of Residential condominium in a sentence

  • Residential condominium covenants shall not prohibit the storage of bicycles in individual condominium units.

  • Residential condominium buildings are covered under the NFIP’s Residential Condominium Building Association Policy (RCBAP).

  • Residential condominium and rental units in buildings whose vacancy rate does not exceed 95%.

  • Residential condominium projects shall preferably be located in areas zoned as or appropriate for residential uses.

  • Residential condominium buildings arranged as private residences and permanently equipped for housekeeping, including outbuildings in which each individual unit owner has an undivided interest.


More Definitions of Residential condominium

Residential condominium means a condominium
Residential condominium means a tract or parcel of real property that is located within the Community and has been designated for residential use and subjected to: (i) this Master Declaration pursuant to any amendment hereto or supplemental declaration referring to this Master Declaration, made in accordance with the provisions hereof and recorded in the land records for Pamlico County, North Carolina; and (ii) the North Carolina Condominium Act set forth in Chapter 47C of the General Statutes, as it may be amended from time to time, or any successor or replacement statute governing condominiums, pursuant to an instrument recorded in the land records for Pamlico County, North Carolina.
Residential condominium means an estate in real property, created under the Tennessee Horizontal Property Act or the Tennessee Condominium Act of 2008, consisting of ownership of a fractional undivided fee interest in common with other unit owners in common elements, together a separate fee interest in a unit and all appurtenant rights, title, and interests.Sec. 11-529. District Management Corporation.
Residential condominium. As such term is defined in Section 14.8(c).
Residential condominium means an attached single-family Residential Use for ownership in a condominium structure.
Residential condominium. . (Unit) as used herein shall mean a distinct classification of user. Section 2188.3 of the Revenue and Taxation Code and Sections 783 and 1350 of the State of California Civil Code shall be used to classify units. Each condominium unit so identified shall be considered an individual permittee for the purposes of this ordinance.
Residential condominium. As defined in Section 15.2(a).