Occupancy unit Definition | Law Insider (2024)

  • Single Room Occupancy or “SRO” means housing consisting of single room dwelling units that is the primary residence of its occupant or occupants. An SRO does not include facilities for students.

  • Transient occupancy means occupancy in transient lodging that has all of the following

  • Condominium unit A Single Family Property within a Condominium Project.

  • Certificate of Occupancy means a document issued by the Town certifying that the building or structure, or portion thereof, complies with the approved construction documents that have been submitted to, and approved by the Town, and indicating that the building or structure, or portion thereof, is in a condition suitable for occupancy.

  • Animal Unit means a unit of measure used to compare differences in the production of animal manure and set forth in Minn. R. 7020.0300, subp. 5.

  • Project / Unit means supply of Materials as per enclosed technical specification.

  • Family Unit means the Employee and his or her Dependents covered under the Plan.

  • Commercial unit means such a unit of goods as by commercial usage is a single whole for purposes of lease and division of which materially impairs its character or value on the market or in use. A commercial unit may be a single article, as a machine, or a set of articles, as a suite of furniture or a line of machinery, or a quantity, as a gross or carload, or any other unit treated in use or in the relevant market as a single whole.

  • Dwelling unit means any room or group of rooms located within a structure and forming a single, habitable unit with facilities which are used or intended to be used for living, sleeping, bathing, toilet usage, cooking, and eating.

  • Public work means public work as defined in section 2 of P.L.1963, c.150 (C. 34:11-56.26) and which is subject to the provisions of P.L.1963, c.150 (C. 34:11-56.25 et seq.). Public work shall not include the provision of goods or products.

  • Governmental unit means a governmental unit as defined in section 101(27) of the Bankruptcy Code.

  • Redevelopment project means a specific construction project

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • apartment unit means any residential unit within a building containing three or more dwelling units where access to each residential unit is obtained through a common entrance or entrances from the street level and the residential units are connected by an interior corridor;

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Residential Rental Unit means an area legally licensed or permitted for use as a living space containing a sleeping area, bathing and sanitation facilities and cooking facilities equipped with a cooking range, refrigerator and sink, all of which are separate and distinct from other Residential Rental Units. Reg. §§ 1.103-8(a) 8(i).

  • communal land means land under the jurisdiction of a traditional council determined in terms of section 6 of the Eastern Cape Traditional Leadership and Governance Act, (Act 4 of 2005) and which was at any time vested in -

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Redevelopment Property means any real property that operates or is intended to operate as an Income Property (1) that is designated by the Company as a “Redevelopment Property”, (2)(A)(i) that has been acquired by the Company or its Restricted Subsidiaries with a view toward renovating or rehabilitating such real property at an aggregate anticipated cost of at least 10% of the acquisition cost thereof and such renovation or rehabilitation is expected to disrupt the occupancy of at least 30% of the square footage of such property or (ii) that the Company or its Restricted Subsidiaries intends to renovate or rehabilitate at an aggregate anticipated cost in excess of 10% of the Adjusted Total Assets consisting of or related to such real property immediately prior to such renovation or rehabilitation and such renovation or rehabilitation is expected to temporarily reduce the Consolidated EBITDA attributable to such property by at least 30% as compared to the immediately preceding comparable prior period and (B) with respect to which the Company or its Restricted Subsidiaries thereof have entered into a binding construction contract or construction has commenced and (3) that does not qualify as a “Development Property.” Each Redevelopment Property shall continue to be classified as a Redevelopment Property under this Indenture until the Company reclassifies such Property as an Income Property for purposes of this Indenture, upon and after which such property shall be classified as an Income Property under this Indenture.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Recreational area means areas, excluding private single family residential areas, designated for active play, recreation or public assembly in parks, sports fields, picnic grounds, amphitheaters or golf course tees, fairways, roughs, surrounds and greens.

  • Enslavement means the exercise of any or all of the powers attaching to the right of ownership over a person and includes the exercise of such power in the course of trafficking in persons, in particular women and children;

  • Participating Municipality means a municipality that is designated by or under the Act as a participating municipality in a conservation authority.

  • Rental unit means a structure or part of a structure used as a home, residence, or sleeping unit by a single person or household unit, or any grounds, or other facilities or area promised for the use of a residential tenant and includes, but without limitation, apartment units, boarding houses, rooming houses, mobile home spaces, and single and 2-family dwellings.

  • Given the detailed concepts you've provided, it's clear you're delving into a variety of real estate and housing-related terms. Let's break down each concept:

    1. Single Room Occupancy (SRO): Housing consisting of single room dwelling units that serve as the primary residence of its occupant or occupants. Typically, these are individual living spaces without additional facilities designated for students.

    2. Transient Occupancy: Staying in lodging that possesses certain characteristics defining it as transient, likely referring to short-term or temporary stays in lodging establishments.

    3. Condominium Unit: An individual residential unit within a larger condominium project, providing ownership of that specific unit along with a shared interest in common areas.

    4. Certificate of Occupancy: A document issued by a governing authority certifying that a building complies with approved construction plans and is suitable for occupancy.

    5. Animal Unit: A measure used for comparing the production of animal manure, often a defined standard in agricultural or environmental regulations.

    6. Project/Unit: Refers to the supply of materials based on enclosed technical specifications for a particular project.

    7. Family Unit: Includes an employee and their dependents covered under a specific plan or arrangement.

    8. Commercial Unit: A unit of goods or products considered a single entity for lease or sale, where dividing it significantly impacts its value or character.

    9. Dwelling Unit: Any room or group of rooms within a structure designed or used for living, including facilities for various daily activities like sleeping, bathing, cooking, etc.

    10. Public Work: Defined under certain legal provisions as work subject to specific regulations, typically related to public infrastructure or construction projects.

    11. Governmental Unit: A unit defined within the context of the Bankruptcy Code, often referring to government entities or agencies.

    12. Redevelopment Project: A specific construction project aimed at revitalizing or improving an existing area, often for residential or commercial purposes.

    13. Apartment Building: A building primarily used for residential purposes, excluding townhouses or stacked townhouses, typically with multiple dwelling units.

    14. Redevelopment Project Area: Designated area meeting specific criteria (such as size and conditions) outlined by a municipality for redevelopment purposes.

    15. Apartment Unit: A residential unit within a building with multiple units, typically accessed through common entrances.

    16. Occupancy Date: The permitted date for occupying all units within a project.

    17. Residential Unit: Refers to various types of residences serving as a primary place of living, including homes, apartments, condominium units, or mobile homes.

    18. Residential Rental Unit: A legally licensed or permitted living space equipped with essential facilities for living and cooking, distinct from other rental units.

    19. Communal Land: Land under the jurisdiction of a traditional council, often vested in certain conditions or entities.

    20. Redevelopment Area: An area identified in a redevelopment plan for revitalization or improvement.

    21. Redevelopment Property: Real property designated for redevelopment or renovation, meeting specific criteria outlined by a company or entity.

    22. Condominium Project: Real estate with separate ownership of specific residential units and shared common areas for unit owners.

    23. Recreational Area: Designated areas for active play, recreation, or public assembly, typically found in parks, sports fields, or similar spaces.

    24. Enslavement: The exercise of ownership powers over a person, often related to trafficking, particularly women and children.

    25. Participating Municipality: A municipality designated as participating in a conservation authority as outlined in specific legislation.

    26. Rental Unit: A structure or part thereof used as a home or residence for a single person or household unit, including various types of residential accommodations.

    These terms cover a wide spectrum of real estate, housing, legal, and regulatory concepts, providing a comprehensive understanding of various facets within these domains.

    Occupancy unit Definition | Law Insider (2024)
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