How is Site Condominium defined in a legal contract?
- Site Condominium means a development creating detached units for single-family dwellings and that are subject to the same chapter.
Seen in 1 SEC filing - Site Condominium means a parcel of land that has been divided according to relevant regulations.
Seen in 1 SEC filing - Site Condominium means a single-family detached dwelling that includes the entire structure, the site, the surrounding air space, and which is not considered a common or limited common area. The dwelling is governed by a set of condominium covenants or form of ownership.
Seen in 3 SEC filings
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for ‘Definitions of site condominium’ yourself to verify these results. We are always keen to point people to source documents.
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Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
Site Condominium means a development subdividing detached units governed by a specific set of condominium covenants or ownership form.
Relevant Contract Types
Relevant Circumstances
- Acquisition or sale of property
- Rental or leasing of condominium units
- Condominium association rules and regulations
Relevant Sectors
Genie Definition 2
Site Condominium means a single-family dwelling, encapsulating entire structure, site and surrounding air space without being a common or limited common area.
Relevant Contract Types
Relevant Circumstances
- Mortgage agreement for individual unit
- Lease or rent agreement for individual unit
- Purchase or sale of individual condominium unit
Relevant Sectors
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Site Condominium means a development subdividing detached units governed by a specific set of condominium covenants or ownership form.
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