Residential property owner definition

Residential property owner means an individual who owns an interest in land, whether in the United Kingdom or elsewhere, which:
Residential property owner means the person holding record title to residential property as that term is defined in subsection (f) of this section.
Residential property owner means any individual that owns or leases real property that is used by such individ- ual as his own residence or dwelling. Residential property owner does not include any person who owns or leases residential property for the purpose of holding or developing such property, or for any other business or commercial purposes in the absence of a regular physical presence at that proper- ty. For example, an individual who lives in and owns or leas- es a single family home is a residential property owner as to that property. An individual who leases that same home to another individual is not a residential property owner as to that property. An individual who owns a multi-family dwelling is not a residential property owner as to that property.

Examples of Residential property owner in a sentence

  • The Residential Property Owner owns and is responsible for the maintenance of that portion of the Water Service Line running from the Premises being served with Authority water to the Curb Stop, including the connection to the Curb Stop but not the Curb Stop itself, for water service lines 1-inch diameter and smaller.

  • For the avoidance of doubt this, this paragraph (A)(v) shall not prevent an individual from subscribing to multiple ISA products within an individual savings account; and (vi) have not previously received payment of a Bonus, unless the full amount of such Bonus has subsequently been repaid to the Administrator in accordance with these Scheme Rules; and (vii) are not, and never have been, a Residential Property Owner.

  • The nonexclusive easement rights granted in this Paragraph 1 are subject to the right of the Residential Property Owner to impose reasonable rules, regulations and traffic controls as it deems necessary or desirable; and Residential Property Owner shall have the right to take reasonable action to enforce compliance with such rules, regulations and traffic controls.

  • Residential Property Owner shall have the right to delegate its obligations hereunder to any nonprofit corporation formed as an association of homeowners on the Residential Property (“Residential Association”); upon such delegation, the Party delegating its obligations shall have no further duties or obligations hereunder.

  • As consideration for the license, the Village will receive a License Fee of Fifty-Cents ($.50) for each month a Warranty shall be in force (and for which payment is received by SLWA) for a Residential Property Owner ("License Fee") during the term of this Agreement.

  • Diamantina Subdivision – A portion of Tracts 357 and 358,Sunrise Acres No. 1, City of El Paso, El Paso County, TexasLocation: West of Dyer and South of Hondo PassExisting Zoning: R-4 (Residential) Property Owner: Casas Diamantina LLC Representative: Dorado Engineering, Inc.

  • Notwithstanding which Party is responsible for the cost of repairing such damage, Residential Property Owner shall have the right and responsibility to repair the Residential Property Roadways.

  • If Residential Property Owner and Commercial Property Owner jointly use any Utility Facilities constructed by either Party within the Parcels, the maintenance and repair of any Utility Facilities jointly used by the Parties shall be the joint responsibility of the Parties.

  • Residential Property Owner shall be responsible for the maintenance and repair of the Residential Property Roadways.

  • Residential Property Owner shall cooperate by executing and delivering to such utility companies and/or governmental agencies such easements on the standard forms used by such companies and/or agencies.


More Definitions of Residential property owner

Residential property owner means an individual who owns as sole or joint owner an interest in residential property (including a legal interest in land acquired under the terms of a regulated home purchase plan or a shared ownership arrangement) which is—
Residential property owner means the person holding record title to residential property as the term is defined in subsection
Residential property owner means an individual who performs

Related to Residential property owner

  • Residential property means improved property that:-

  • Property Owner means any person shown as the owner of land on the last equalized assessment roll or otherwise known to be the owner of land by the city council. “Business owner” means any person recognized by the city as the owner of the business. “Owner” means either a business owner or a property owner. The city council has no obligation to obtain other information as to the ownership of land or businesses, and its determination of ownership shall be final and conclusive for the purposes of this part. Wherever this part requires the signature of the property owner, the signature of the authorized agent of the property owner shall be sufficient. Wherever this part requires the signature of the business owner, the signature of the authorized agent of the business owner shall be sufficient.

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Residential Project means a redevelopment project that is

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Residential real estate means any real property located in this state, upon which is constructed or intended to be constructed a dwelling;

  • Residential building means a building containing one or more residential dwellings.

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.

  • Residential Zone means a zone earmarked for buildings exclusively designed for human habitation and in no case shall include its use in whole or a part thereof for any other purpose e.g commercial activities, school, institution, shop, office, clinic, beauty parlor, guest house, marriage center, gymnasium, tuition center, club activities, work-shop, store or godown etc. or for the purpose of political, religious and sectarian activities. It includes parks, gardens, play grounds, sector shops and other open spaces located in the area earmarked in the residential zone.

  • Qualified agricultural property means that term as defined in section 1211 of the revised school code, MCL 380.1211.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.