Sentences with phrase «residential use of property»

Under California law, family child care homes are a residential use of property, not a business use.
Small family child care homes must «be considered a residential use of property for the purposes of all local ordinances.»
In other words, California law treats family child care as a residential use of property, not a business use.

Not exact matches

He also owns residential real estate in Hong Kong that's valued using the price per square foot of similar properties, according to data compiled by property broker Savills.
Federal grants can be used to fund the buyout, elevation or reconstruction of eligible residential properties.
Lease and use of public property ($ 0.5 billion) include land leases, rentals of residential and non-residential buildings, parking spaces, machinery and equipment;
The property is zoned Special Use which allows the expansion of an existing major tourism facility to include a residential hotel of up to 100 bedrooms, a 150 - seat restaurant and function centre for 180 patrons.
The Company's existing portfolio of real estate assets, valued at over $ 20 billion, is made up of best - in - class mixed - use, residential, retail, office and affordable properties in premier high - barrier - to - entry markets.
Mansion Tax is imposed on each conveyance of residential real property when the consideration for the entire conveyance is one million dollars or more and the premises is being used in whole or in part as a one, two or three family house, or a condominium.
Plans have been revealed for the development of a 14 - story, mixed - use building at 21 - 12 30th Road in Astoria, on property owned by the Variety Boy's & Girl's Club.The 145 - foot - tall building will feature 133,090 - square - feet of residential space, 7 More...
The Chancellor announced a major clampdown on the use of so - called «corporate envelopes» to purchase residential property — a device popular with wealthy foreign buyers acquiring property in London.
«At the time there was a deed restriction on the property, but our contract was to purchase a property that was of residential use,» Nussbam said.
• $ 1.1 million to reconstruct existing buildings near Syracuse University, including Varsity Pizza and Faegans Pub, into a mixed - use property that includes eight floors of residential apartments, two floors of commercial space and tenant parking that will serve students and medical staff at the neighboring complex of academic and medical facilities.
The 1982 Loft Law was enacted to legalize the widespread use by residential tenants living in commercial and manufacturing buildings, and dubbed the hundreds of properties «interim multiple dwellings» (IMDs).
Osborne said: «A major source of abuse — and one that rouses the anger of many of our citizens — is the way some people avoid the stamp duty that the rest of the population pays, including by using companies to buy expensive residential property.
As Mayor Bill de Blasio has become embroiled in the burgeoning scandal, the city's comptroller, the Department of Investigation and the state Attorney General are probing the deal in which city bureaucrats lifted a decades - old deed restriction on 45 Rivington St. that mandated the Lower East Side property be used only for non-profit, residential - health care purposes.
In 1985, as President of the Neighborhood Housing Services of Jamaica, Senator Smith created two citywide loan programs: a home improvement optional loan program and a mixed - use rehabilitation loan program designed to restore commercial and residential properties on commercial strips.
(Likewise, building a private home on a residential property would be an «as of right» use that would not need approval from the Town Board since it is already allowed under current zoning).
REITs take a pool of investment capital and use it to develop and manage a group of commercial and residential properties.
We lend on most types of 1 - 4 unit residential properties used as primary residences, second homes, and investment properties.
You can use the entire Long Term Capital Gain proceeds on sale of a residential house to buy another house property (residential property) to save Capital Gains tax.
Yes, you can use the entire Long Term Capital Gain proceeds on sale of a residential house (Flat) to buy another house property (residential property) to save Capital Gains tax.
Dear Rushi, You can use the entire Long Term Capital Gain proceeds on sale of a residential house to buy another house property (residential property) to save Capital Gains tax — Section 54.
In summary, commercial properties are typically valued based on some form of income calculation while residential real estate investing uses comparable properties to come up with a dollar value.
Specification, by a municipal or city authority, of areas for particular purposes; the type of use (residential, commercial, etc.) allowed for a property located within a specified area.
Overall, the report sees developers responding to the needs of downtown dwellers by building more mixed - used properties, which include residential and retail space.
Of SMSFs with assets held under limited recourse borrowing arrangements, the majority of funds used those arrangements to acquire assets in residential real property and overseas shares, representing 2.4 % and 1.6 % of the total SMSF population respectivelOf SMSFs with assets held under limited recourse borrowing arrangements, the majority of funds used those arrangements to acquire assets in residential real property and overseas shares, representing 2.4 % and 1.6 % of the total SMSF population respectivelof funds used those arrangements to acquire assets in residential real property and overseas shares, representing 2.4 % and 1.6 % of the total SMSF population respectivelof the total SMSF population respectively.
The basic difference between commerical and residential loans is the main use of the property.
A residential or mixed - use building wherein a corporation or trust holds title to the property and sells shares of stock representing the value of a single apartment unit to individuals who, in turn, receive a proprietary lease as evidence of title.
In some cases, you might purchase the right to use a residential property for a long, but limited, period of time — this is called a leasehold interest.
What are some of the other calculation tools used in commercial and residential property valuation?
For example, if you already own (or are paying off) a home, using all your money to buy another residential property would be an example of poor diversification.
You can use a HELOC (home equity line of credit) or reverse mortgage if you want to get out of a Canadian residential property.
As a first - time investor in residential real estate, Bryce used Roofstock's list of certified partners to find a property manager, insurance provider, and title company he could trust.
A loan made to a natural person or persons primarily for personal, family, or household use, primarily secured by either a mortgage or a deed of trust on residential real property located in North Carolina.
@JBentley — The cost of real estate (such as residential property, and the real estate used for retailing, restaurants, office space, and manufacturing) is already such a large fraction of the economy that the share of a region's economy that is spent on rent (or rent substitutes, such as the cost of home ownership) can not greatly exceed the region's economic growth rate for more than one or two business cycles.
A 203 (k) mortgage may be originated on a «mixed use» residential property provided the property has no greater than 25 percent (for a one story building); 33 percent (for a three story building); and 49 percent (for a two story building) of its floor area used for commercial (storefront) purposes.
The commercial use will not affect the health and safety of the occupants of the residential property and the rehabilitation funds will only be used for the residential functions of the dwelling and areas used to access the residential part of the property.
As a result of that inspection, the city determined that Martin's use of the property falls within the definition of a «kennel» in the zoning code and thus requires a special use permit to operate in her residential zoning district.
Under Texas law, «residential subdivision» is defined as «a subdivision in which the following applies: (1) for which a plat is recorded in the county real property records; (2) in which the majority of the lots are subject to deed restrictions limiting the lots to residential use; and (3) that includes at least five lots that have existing residential structures.»
Managed by Prince Hotels, the distinguished property is situated in the Kioicho neighbourhood, part of Tokyo Garden Terrace Kioicho, a mixed - use development comprised of commercial, residential, retail and entertainment spaces.
And / 601.1 (c) sets some oddly specific parameters around truly residential use in alley lots — not a problem for Boneyard Studios» more mobile tiny houses on wheels (both of which are currently on private non-alley property with the owners» permission), but still a tad restrictive for our liking.
(Sec. 209) Requires the Secretary of HUD, in consultation with the Secretary, to issue regulations to: (1) prohibit any private contract, lease, or other agreement from impairing the ability of a residential property owner or lessee to install, construct, maintain, or use a solar energy system on that property; and (2) require that an application of approval for the installation or use of a solar energy system be treated in the same manner as an application for approval of an architectural modification.
Homeowners can also make use of unused property by turning those vacant backyards into commercial or residential buildings, while still keeping some greenspace to separate the two buildings.
Close to 25 percent of all the energy used in the United States is used by residential properties, so this could have a big impact.
TT: «Gentrification» is typically used to describe the acquisition of residential properties, redeveloping them, and selling them at inflated prices to folks that don't resemble the existing neighbors.
She offers over 15 years of experience in property matters, with expertise in residential and mixed use developments, site disposals and acquisitions.
Using an Apartment Lease, you can outline the obligations and rights of landlords and tenants regarding a residential rental property.
He advises developers, landowners and investors on a wide range of planning and highways law matters, predominantly on mixed use, retail and residential development schemes, and property transactions.
The author also discusses the blood quantum rule, cultural appropriation, Indigenous use of intellectual property laws, Two - Spirit identities (Indigenous transgender individuals), the landmark Delgamuukw and Tsilhqot» in cases (recognition of Aboriginal title), non-benign myths about Indigenous peoples, the six - volume Truth and Reconciliation Commission of Canada (TRC) final report on the residential school system where at least 6,000 Indigenous children died, Canada's Stolen Generations (between 1960 and 1990, 70 - 90 % of Indigenous children in Canada were removed from their homes and placed into non-Indigenous homes), Inuit relocations, the issue of access to safe drinking water for First Nations communities, the five - volume report of the Royal Commission on Aboriginal Peoples, Indigenous lands, education, treaties, and treaty - making.
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